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Tiwai Point: Latest document release reveals government concerns about Rio Tinto


Tiwai Point aluminium smelter.
Photo: RNZ / Nate McKinnon
The government made a multimillion-dollar offer to the multinational last December to advance the clean-up, but in March pulled the plug on negotiations.
In relation to the proposed Crown payment, Rio Tinto indicated that the . payment was too low in quantum, a Treasury email in January this year says.
At the same time, it said the company had rejected a request to provide a financial guarantee over the clean-up.
Earlier, last October, Treasury told Robertson Rio Tinto appeared to be seeking multiple meetings with him and others to circumvent the Treasury-led negotiating team and strategy. ....

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A chemistry experiment proves short-lived


Lloyd Esler12:00, Aug 03 2021
Supplied/Stuff
The Waipango chemical works
Waipango Chemical Works began operating in 1939 with the processing of podocarp timber to produce turpentine and beech to make alcohol.
Machinery from the abandoned shale works at Orepuki was re-purposed for the chemical works in an ambitious project intended to make use of wood scraps and sawdust, the waste product of the sawmilling industry.
In 1938 the newspaper said,
“It has been estimated that 80,000 tons of sawmill and bush waste is discarded every year in the Southland beech industry. Hitherto, this potential source of wealth has been allowed to rot, but now it would appear that the position is to be rectified, and the factory being erected at Waipango will convert this waste to many useful products by economic means.” ....

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