Rio Tinto to close Tiwai Point smelter next year

Thu, 09 Jul 2020

Rio Tinto will start planning for the wind-down of operations and the eventual closure of New Zealand Aluminium Smelters following the conclusion of its strategic review, it said in a statement. The operator of the Tiwai Point aluminium smelter has given Meridian Energy notice to terminate the power contract, which will end in August 2021, when the wind-down of operations at the smelter is expected to be completed. The smelter is the country's biggest electricity consumer using about a seventh of total generation. The strategic review co...

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