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31 Dec 2025 10:50
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      Home > News > Business

    The potential closure of a Southland aluminium smelter has sucked 1.5 billion dollars from the value of Kiwi power companies

    The potential closure of a Southland aluminium smelter has sucked 1.5 billion dollars from the value of Kiwi power companies


    Tiwai owner Rio Tinto - the country's largest electricity consumer - is considering closing its Bluff plant.

    Since the announcement - power company Meridian's share value has dropped by nearly 8 percent.

    Mercury, Contact and Genesis have also seen shares drop.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    		 Law and Order:
    Police investigating the death of a man in Hawke's Bay's Hastings in October, want the public's help 10:47

     Entertainment:
    Miles Teller got his wife Keleigh Teller's wedding dress remade after the original was lost in the California wildfires 10:38

     Environment:
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     National:
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     Soccer:
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     National:
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     National:
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     Entertainment:
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     National:
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     International:
    Denmark becomes first country in world to end letter delivery 10:07

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