Analysts suspect smelter won't close after a 'cat and mouse' game

Analysts suspect smelter won't close after a 'cat and mouse' game
Smelter on reduced production, but analysts say it is profitable and will continue operation.
Ian Llewellyn
Energy sector analysts are predicting the Tiwai Point aluminium smelter’s operations will probably be extended past 2024 but it will pay a higher price for electricity.Forsyth Barr’s latest review of the energy sector said New Zealand Aluminium Smelters’ operations are highly profitable at the moment and despite the likelihood of higher power prices, they believe a power deal will be extended past the 2024 expiry.ForBarr said the main suppliers to the smelter – Meridian Energy and Contact Energy – are currently in...

More Infrastructure

‘Bluewater backbone’: Lyttelton, Auckland plan $1b+ of upgrades
Policy

‘Bluewater backbone’: Lyttelton, Auckland plan $1b+ of upgrades

Two of the biggest NZ ports are raising prices as they plan major investments.

Cost of Ōtaki to north of Levin highway nears $2b
Infrastructure

Cost of Ōtaki to north of Levin highway nears $2b

In 2020, the lower North Island expressway was costed at just $817m.

Oliver Lewis 01 Jul 2025
The keys to unlocking Northport's land value
Infrastructure

The keys to unlocking Northport's land value

MMH's land is valued at five times less than its next-door neighbour, Channel.

Ian Llewellyn 30 Jun 2025
Food scrap U-turn chills waste sector investment
Infrastructure

Food scrap U-turn chills waste sector investment

The Government’s backtrack on the food waste mandate undermines investor confidence.

Cécile Meier 30 Jun 2025