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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
2 mins to read

Pacific Aluminium loses money, boosts production

Update on Tiwai Point strategic review due by end of March.

Tim Hunter Mon, 24 Feb 2020

Rio Tinto subsidiary Pacific Aluminium, 79.4% owner of the Tiwai Point aluminium smelter, has reported an underlying loss for the year to December as lower sales prices met higher costs.

The loss of $46.2 million followed an underlying profit the previous year of $21.6m.

Aluminium production

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Tim Hunter Mon, 24 Feb 2020
Contact the Writer: thunter@nbr.co.nz
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Pacific Aluminium loses money, boosts production
General Business,
82657
true