Tiwai future secured with 20-year electricity contract odt.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from odt.co.nz Daily Mail and Mail on Sunday newspapers.
The morning catch up: ASX set to break three-day losing streak proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
Commodities giant Rio Tinto announced on Friday that it would keep New Zealand’s sole aluminium smelter operational until at least 2044, following the completion of new 20-year electricity supply agreements.
The Tiwai Point smelter, owned and operated New Zealand Aluminium Smelters (NZAS), has secured these contracts with key energy providers.
UK-Australian mining firm Rio Tinto has signed an agreement to acquire Japanese firm Sumitomo Chemical's stake in New Zealand Aluminium Smelters (NZAS) to own 100pc of NZAS.
Global mining group Rio Tinto has announced the acquisition of Sumitomo Chemical Company's (SCC) 20.64% interest in New Zealand Aluminium Smelters (NZAS) for an undisclosed sum.