Tiwai cuts production further as energy squeeze rolls on
Markets

Tiwai cuts production further as energy squeeze rolls on

The Tiwai Point aluminium smelter has agreed to reduce its electricity consumption further as the energy crunch continues and the sector moves to ensure security of supply.The smelter will cut electricity demand by another 20 megawatts (MW). This is in addition to the 185MW deman...

Ian Llewellyn 20 Aug 2024
Mercury's profit increases 159%
Markets

Mercury's profit increases 159%

Profit growth due to changes in the fair value of unhedged financial instruments. 

Ian Llewellyn 20 Aug 2024
Contact says its return on investment is low
Markets

Contact says its return on investment is low

"We're still not making sufficient returns. This is a fact."

Ian Llewellyn 20 Aug 2024
Contact says investment will soothe a turbulent electricity market
Markets

Contact says investment will soothe a turbulent electricity market

 Earnings guidance issued in July remained unchanged.

Ian Llewellyn 19 Aug 2024