POWER

Price cut keeps Rio in NZ

THE Tiwai Point aluminium smelter on New Zealand’s South Island will stay open for another four years after Meridian Energy agreed to cut power prices.

 Tiwai point aluminium smelter in NZ

Tiwai point aluminium smelter in NZ

Operator New Zealand's Aluminium Smelter, a joint venture between Rio Tinto (79.36%) and Sumitomo Chemical Company (20.64%), struck a deal with the energy provider to keep operations going at the troubled...

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