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Freeport-McMoRan (FCX): Doctor Copper Makes A House Call

With Freeport-McMoRan crashing -47% over the past three months, we might think of this as a buying opportunity? Click to know the factors that point to bullish conditions for Freeport.

Southland s plan for life after Tiwai to be included in Budget 2021

Logan Savory14:07, May 10 2021 Dianne Manson/Getty Images Money is to be allocated in Budget 2021 to come up with a just transition plan for Southland for when the Tiwai Point Aluminum Smelter closes. The Government will include a funding package in its 2021 budget which will help with developing Southland’s economic transition plan. Associate Minister of Finance Megan Woods confirmed Budget 2021, to be announced next week, will include investment into Southland’s just transition plan in preparation for life after the Tiwai Point Aluminum Smelter. “The Government is working with iwi and local government to build an enduring regional transition plan for Southland, in preparation for the eventual closure of the smelter. There will be details in Budget 2021 on funding for this

Government funds Tiwai Point study after being left blind on its condition

Government funds Tiwai Point study after being left blind on its condition 4 Feb, 2021 04:00 PM 6 minutes to read Environment Southland has been given $300,000 by the Government to assess the site of the Tiwai Point aluminium smelter, possibly duplicating work by owners Rio Tinto. Photo / Supplied Cabinet has agreed to give Environment Southland $300,000 for a study of the condition of the Tiwai Point aluminium smelter, amid signs that the Government has doubts about what its owners, Rio Tinto, will do when it closes. In January Rio Tinto, which owns about 80 per cent of the smelter, announced a deal with its electricity provider Meridian Energy which would extend the life of the smelter until at least the end of 2024.

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