Contact working to keep Tiwai smelter

Mon, 10 Feb 2020

Contact Energy says it is in active talks on a revised electricity supply for the Tiwai Point aluminium smelter.A “disorderly” closure of the Rio Tinto-owned facility, the country’s biggest electricity user, would be a bad outcome for the country, would cost jobs, reduce the government’s tax revenue and put at risk the country’s long-term decarbonisation goals, chief executive Dennis Barnes told investors and analysts.“The first step to decarbonising the country is not to send low-carbon production offshore,” he said on a conference call.“We’re...

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