Business
New power deal lifts the threat of closure from Tiwai, but Government talks continue – New Zealand Herald
Transmission talks continue even as smelter extracts enough on electricity to stay open.
The future of the Tiwai Point aluminium smelter, Southland’s largest employer, has been guaranteed until at least the end of 2024. Photo / Mike Scott Rio Tinto and the Government will continue to negotiate terms which could trade transmission relief for a plan to remediate the site of the Tiwai Point aluminium smelter, even after the mining giant extracted enough from its electricity provider to promise to stay open until at least the end of 2024.
For more than a year Rio Tinto has been using a…
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