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18 Nov 2019 11:28
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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.

    © 2019 Newstalk ZB, NZCity


     Other Business News
     18 Nov: Calls for companies to increase gender parity in boardrooms
     16 Nov: A call for better communication around closures in Auckland when the next stage of the City Rail Link gets underway
     16 Nov: Air New Zealand's opening up its new regional lounge at Auckland Airport today
     15 Nov: Around 15 thousand Countdown supermarket workers will have more cash in their pockets after signing a new deal to pay them the living wage
     15 Nov: Some cars remain on the lower levels of SkyCity's new convention centre carpark following last month's massive fire
     15 Nov: Positive signs for the manufacturing industry
     15 Nov: A property trader's been told off for making false claims about the value of vulnerable people's homes
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     Today's News

    Law and Order:
    Two people go on trial today accused of murdering a man found badly bashed in a Christchurch car park two years ago 11:07

    Business:
    Calls for companies to increase gender parity in boardrooms 10:47

    Tennis:
    Tsitsipas has won the ATP Tour tennis finals with a three-set triumph over Dominic Thiem 10:27

    Health & Safety:
    A rise in the number of hospital staff being abused and assaulted 10:07

    International:
    This naval commander turned politician never wanted to impeach Donald Trump. Until now 10:07

    Law and Order:
    Punched, stalked and harassed women abandon UK politics over safety fears 9:47

    Law and Order:
    The Breakers will wait for more information before deciding on the future of Glen Rice Junior 9:27

    Environment:
    Fire and Emergency is scaling back their presence at a storage unit fire in Auckland 8:47

    Law and Order:
    A Good Samaritan who stopped to help after a woman was fatally stabbed in West Auckland has been recognised by police with a bravery award 8:37

    Cricket:
    Auckland have beaten Wellington by four wickets chasing 192 to win at Eden Park outer oval in their Ford Trophy opener, with Ben Lister grabbing five for 18 from 7.5 overs 8:17


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