MARK BINNS: Tiwai Point - this time was different

Thu, 09 Jul 2020

When Rio Tinto announced it was going to conduct a strategic review of its Tiwai Point smelter operations in October last year, I was asked for my thoughts by various market analysts. The general feeling seemed to be that this was Rio Tinto again shaking down the industry and government for a better deal - and Meridian Energy in particular. The one thing that struck me about Rio’s announcement at the time was that they had announced a “strategic review” - something that they had refrained from doing during the negoti...

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