Transmission deal needed to extend smelter closure - Rio

Fri, 28 Aug 2020

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...

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