Rio Tinto shutting NZAS

OPERATIONS are to wind down and ultimately end at the New Zealand Aluminium Smelter at Tiwai Point near Bluff on New Zealand’s South Island after a strategic review found the business was no longer viable.

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The New Zealand Aluminium Smelter is to close in August 2021.

The review cited high energy costs and a challenging outlook for the aluminium industry as reasons for the Rio Tinto-operated business no longer being viable.