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Tiwai Point smelter to stay open as Meridian Energy reaches deal with Rio Tinto

Tiwai Point smelter to stay open as Meridian Energy reaches deal with Rio Tinto Newshub 13/01/2021 Mark Quinlivan © Video - Newshub; Image - Getty Watch: Meridian Energy reached an agreement to keep the Tiwai Point aluminium smelter open. Meridian Energy has reached a four-year agreement to keep the Tiwai Point aluminium smelter open, with multinational mining giant Rio Tinto saying the operation will be economically viable and competitive . Rio Tinto released a statement on Thursday confirming the deal, meaning the smelter will remain open until at least December 31, 2024. The smelter is Southland s biggest employer, with 1000 jobs and contractors working on site. It contributes $400 million per year to the region s economy.

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