'Vision' can save smelter, refinery, steel mill - Peters

Tue, 21 Jul 2020

New Zealand needs to be more aggressive in pursuing economic opportunities and resist the short-term thinking affecting some of its major industry, Deputy Prime Minister Winston Peters says. The planned closure of the Tiwai Point aluminium smelter will have massive spill-over effects on the rest of the economy and can be averted through a simple negotiation with owner Rio Tinto, Peters told Wellington Chamber of Commerce members this morning. Aluminium prices, like those of other commodities, are volatile but they will rise again. He said...

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