Transmission deal needed to extend smelter closure - Rio

Transmission deal needed to extend smelter closure - Rio
Gavin Evans
Tiwai Point smelter operator Rio Tinto wants a fixed-price transmission deal as part of any plan to extend the ramp-down of the operation there.Kellie Parker, managing director of the firm’s Pacific operations, said Rio is keen to provide certainty to the Southland community as soon as possible.“In order to achieve a longer staged exit, which the government and the Southland community have told us they would prefer, Rio Tinto needs a fixed and fair price so we don’t continue to lose money over that longer timeframe,” Par...

More Policy

Auckland housing project withdrawn from fast-track
Policy

Auckland housing project withdrawn from fast-track

The developer plans to lodge a fresh application after draft decline.

First look at NZICC, and SkyCity's hopes for $70m fund
Economy

First look at NZICC, and SkyCity's hopes for $70m fund

SkyCity's COO says a new govt fund should help fill empty hotel rooms across Auckland.

Dileepa Fonseka 15 Sep 2025
Real estate industry wants AML levy exemption
Finance

Real estate industry wants AML levy exemption

The real estate industry is warning an AML levy will drive up costs in the sector.

Michael Neilson 15 Sep 2025
Craigs' sweet spot for golden visa investors
Finance

Craigs' sweet spot for golden visa investors

Billionaires can go solo. For other wealthy investors, there's Craigs' new fund.