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2 Feb 2025 6:05
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      Home > News > Business

    A 20-year deal with Southland's Tiwai Aluminium Smelter could be good news for mum and dad investors

    A 20-year deal with Southland's Tiwai Aluminium Smelter could be good news for mum and dad investors


    The agreement signed by Meridian, Mercury, Contact Energy and New Zealand Aluminium Smelters agrees to make electricity available to the country during high demand.

    It follows 18 months of negotiations.

    JMI Wealth director Andrew Kelleher says it's very good for anyone with shares in electricity retailers.

    He says they can now invest in new generation capacity with more confidence.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     01 Feb: Belief fishers can do better out on the water despite strong compliance numbers
     01 Feb: Concerns over size limits being smaller for commercial fishing compared to the public
     01 Feb: Frustration over plans to scale-back Dunedin Hospital
     01 Feb: Adjustments to Air New Zealand's domestic network begin today
     31 Jan: Big ticket items have become a no-no for many consumers, with confidence dipping
     31 Jan: An increase in household spending could help drive economic growth this year
     31 Jan: Sex toy stores in Chinese malls challenge 'desire and pleasure' taboos
     Top Stories

    RUGBY RUGBY
    England flanker Ben Curry is fired up for their crunch Six Nations rugby opener against Ireland tomorrow morning More...

    BUSINESS BUSINESS
    Belief fishers can do better out on the water despite strong compliance numbers More...


     Today's News

    		 International:
    A medical transport plane crashed in Philadelphia, killing six people on board. Here's what we know 5:26

     Law and Order:
    Three people have been arrested after a robbery at a store in Auckland's Newmarket this evening 21:56

     Entertainment:
    Country singer Chris Stapleton and his wife Morgane Stapleton have donated $1 million to support those affected by the Los Angeles wildfires 21:50

     Entertainment:
    Taylor Swift and Travis Kelce have "talked about exploring buying a home together 21:20

     Accident and Emergency:
    Authorities say they can not confirm anyone survived a Learjet plane crash in Philadelphia, around 30 seconds after taking off 21:16

     Entertainment:
    Chappell Roan has had a "scary and spiritual and confusing" time this past year 20:50

     Entertainment:
    Lisa Ann Walter hasn't celebrated Valentine's Day since she discovered her ex-husband was cheating on her 20:20

     Entertainment:
    Skai Jackson "probably won't" have another baby 19:50

     Entertainment:
    Nikki Garcia doesn't want to be "legally" married again 19:20

     Rugby:
    England flanker Ben Curry is fired up for their crunch Six Nations rugby opener against Ireland tomorrow morning 18:56

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