Electricity regulator sees long future for Tiwai Point smelter, power crossing Tasman

Electricity regulator sees long future for Tiwai Point smelter, power crossing Tasman
Pattrick Smellie
By Pattrick Smellie Nov. 1 (BusinessDesk) - New Zealand's abundant renewable electricity may be the saviour of the Tiwai Point aluminium smelter, attract energy-intensive industries to New Zealand and eventually see electricity exported across the Tasman Sea to Australia, the chair of the Electricity Authority, Brent Layton, says. In a speech to a stakeholder function in Wellington yesterday, Layton said his personal belief is that the Rio Tinto-controlled aluminium smelter would not close "provided the transmission pricing methodology is...