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Resignation in the air in Kawerau as mill consults with staff
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Paakiwaha Promo Monday 17th May 2021
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But dry weather, gas shortages, and a long spell of relatively low investment in new generation have combined to send spot market prices soaring above 30 cents a kilowatt-hour for much of this year. Spot market prices have been reflected in steep rises in electricity futures prices, which are threatening to flow though into broader price rises for small businesses and consumers. The proportion of electricity generated by renewables has slipped below 80 per cent as the Huntly Power Station burns more coal to keep the lights on. Woods acknowledged the share of electricity produced by renewables would have fallen in both 2019 and 2020 but said it was too soon to say if it would fall for a third consecutive year, this year
Whakatāne Mill Limited confirms it will close, all 210 staff to be made redundant
16 Mar, 2021 01:57 AM
6 minutes to read
Prime Minister Jacinda Ardern visited the Whakatāne Mill on the campaign trail in September last year. Photo / File
Prime Minister Jacinda Ardern visited the Whakatāne Mill on the campaign trail in September last year. Photo / File
The Whakatāne Mill will close and just over 210 staff will be made redundant, most by the end of June.
Management at Whakatāne Mill Limited (WML) broke the news to staff today.
The company told media there was no buyer for the mill and no viable option was found during the consultation process, and the decision was reached with a heavy heart.
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