Tiwai Point smelter eyes future power arrangements

Tiwai Point smelter eyes future power arrangements
New Zealand’s Aluminium Smelter is looking towards its future beyond 2024. (Image: NZAS)
Riley Kennedy
New Zealand’s Aluminium Smelter (NZAS) is investigating future power arrangements as it prepares for a future beyond 2024 when it was to have closed. The Rio Tinto-controlled smelter said it has started working with power companies to explore a future past the 2024 point when its existing contract with Meridian Energy ends. Meridian, whose Manapouri scheme was originally built to service the smelter, noted the statement and said it will engage with NZAS and expects to negotiate a new contract. “There is lots of work t...

More Economy

US tariff risk less than expected for FPH, Jarden says
Economy

US tariff risk less than expected for FPH, Jarden says

Jarden says tariff-related impacts on earnings would be "nominal" by 2030.

Iron sand project could deliver $265m GDP boost: NZIER
Economy

Iron sand project could deliver $265m GDP boost: NZIER

Iron sands mining in Taranaki could create 1365 jobs, NZIER report says.

Trump’s tariffs may spur a more dovish RBNZ
Economy

Trump’s tariffs may spur a more dovish RBNZ

The risk appears more weighted to the RBNZ cutting the OCR further than otherwise.

NZX-listed companies take stock in wake of US tariff moves
Economy

NZX-listed companies take stock in wake of US tariff moves

Wine makers, manufacturers and others mull what trade wars will bring.

Ian Llewellyn 03 Apr 2025