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Smelter CEO says exit is ‘very serious’

A collective $2.34b wiped off the market value of five big gentailers.

Reweti Kohere Thu, 09 Jul 2020

Tiwai Point smelter’s top dog is rejecting suggestions the decision to terminate its power deal and close the Southland industrial facility by August 2021 is a last-ditch attempt to force the government to intervene.

Majority owner Rio Tinto announced earlier today it would start plans to wind

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Reweti Kohere Thu, 09 Jul 2020
Contact the Writer: reweti@nbr.co.nz
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Smelter CEO says exit is ‘very serious’
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