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19 Nov 2019 20:27
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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


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     Today's News

    Entertainment:
    Big Machine Label Group's headquarters was forced to shut early on Friday (15.11.19) due to threats to staff 20:22

    General:
    Kiwi skier Piera Hudson is eyeing podium finishes in her opening two slalom races of the season in Colorado this week 19:57

    Entertainment:
    will.i.am was met by police at the airport after accusing a member of cabin crew of racism during a flight in Australia 19:52

    Entertainment:
    Peter Andre and his wife Emily have regular date nights 19:22

    Health & Safety:
    Samoa's Measles crisis is deepening 18:57

    Entertainment:
    Mark Feehily says the most fun he has ever had partying with a celebrity was when he shared Chinese food and corked wine with Mariah Carey and his Westlife bandmates 18:52

    Business:
    Matt Walsh has no regrets about the direction he's taking the Breakers in 18:37

    Entertainment:
    James Blunt says he was “lucky to know” the late Carrie Fisher 18:22

    Law and Order:
    A jury has today been reminded what constitutes 'murderous intent'? in the trial of the man accused of murdering Grace Millane 18:07

    Entertainment:
    Maren Morris and Ryan Hurd are “thrilled” to be expecting a child together 17:52


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