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Tiwai closure: Southlanders look for options
Economy

Tiwai closure: Southlanders look for options

New Zealand Aluminium Smelter chief executive Stew Hamilton is fronting up to local business and a “deeply disappointed” Mayor Tim Shadbolt as the community looks for options following this morning’s revelation that Tiwai Point will shut down its smelter furnaces next year and le...

Brent Melville 09 Jul 2020
Govt slams Tiwai smelter 'window' shut; expects lower power prices
Policy Free

Govt slams Tiwai smelter 'window' shut; expects lower power prices

The government has slammed shut the tiny window of opportunity that might have existed to keep the Tiwai Point aluminium smelter open.

Pattrick Smellie 09 Jul 2020
Rio Tinto pulls the plug on Tiwai, wiping $2.8b off gentailers
Infrastructure

Rio Tinto pulls the plug on Tiwai, wiping $2.8b off gentailers

Energy stocks sank in early trading after Rio Tinto said it will shut the aluminium smelter at Tiwai Point next year, wiping more than $2.8 billion off the value of the country's five biggest electricity generator-retailers. New Zealand Aluminium Smelter - a joint venture betw...

Dan Brunskill 09 Jul 2020
Tiwai closure: assured short-term pain but maybe long-term gain
Infrastructure

Tiwai closure: assured short-term pain but maybe long-term gain

The closure of the Tiwai Point aluminium smelter will mean short-term disruption to the electricity market, with generators postponing some planned new power stations and grid operator Transpower needing to scramble to improve large-scale transmission from the South to the North...

Jenny Ruth 09 Jul 2020