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14 Oct 2025 16:27
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  •   Home > News > Business

    It might not be all bad for the South - when the Tiwai Point aluminium smelter closes

    It might not be all bad for the South - when the Tiwai Point aluminium smelter closes

    10 August 2020
    Rio Tinto plans to wrap up its operations in Southland in August next year - causing around 2,600 job losses.

    Energy Trusts of New Zealand's Alan Jenkins says as it's the country's biggest power user - it'll leave the grid with a surplus of 13 percent.

    He says transmission costs are a big part of what drives prices up - so Southland should see cheaper power.

    Jenkins says their local generators will have a lot more power to sell - and it's cheaper to sell it locally than send it all up North.

    © 2025 Newstalk ZB, NZCity


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     14 Oct: No slow-down in the increasing cost for seeing a GP
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     Today's News

    Accident and Emergency:
    Three people have been injured - one critically - in a three-vehicle crash about 3pm on State Highway 1, south of Picton, closing the road near Ward in both directions 16:17

    Entertainment:
    Bono's part-owned luxury property is at the centre of a stabbing shock 16:11

    Politics:
    A ‘lack of ambition’ over livestock emissions targets now threatens NZ’s reputation and trade 16:07

    Entertainment:
    Angelina Jolie does not regret undergoing a double mastectomy and having her ovaries removed 15:41

    Business:
    University consultants 15:37

    Education:
    Belief an online school brings something different to New Zealand's education landscape 15:27

    Business:
    Air New Zealand's teamed up with Air Chathams on a new partnership for Whakatane 15:27

    Entertainment:
    Francesca Eastwood has announced the birth of her second child 15:11

    Business:
    The housing market appears to be slowing again 14:57

    Entertainment:
    Ryan Reynolds would have given himself a "punching vasectomy" if his son had been his first child 14:41


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