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19 Mar 2024 19:10
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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.

    © 2024 Newstalk ZB, NZCity

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     18 Mar: Millions of dollars of tariff savings are getting closer for exporters sending products to Europe
     Top Stories

    RUGBY RUGBY
    The Blues want to turn the clock back to the days of Benji Marshall's short-lived rugby union stint this weekend More...


    BUSINESS BUSINESS
    A win for Christchurch's local economy, as a 35-million dollar premium pet food plant opens up shop More...



     Today's News

    Entertainment:
    Maksim Cmerkovskiy's son was unfazed after learning that he would be getting a sibling 18:58

    Health & Safety:
    Health officials are warning a shortage of anti-psychotic drug - olanzapine , could cause relapses for people with schizophrenia symptoms 18:57

    Health & Safety:
    Supply chain issues of a critical anti-psychotic drug, are expected to last until the end of the year 18:37

    Entertainment:
    Kesha has claimed she was once "dumped" after refusing to take an ex to Taylor Swift's afterparty 18:28

    Business:
    A win for Christchurch's local economy, as a 35-million dollar premium pet food plant opens up shop 18:07

    Entertainment:
    Girls Aloud star Nadine Coyle's daughter has been tipped to follow in her mum's musical footsteps by dad Jason Bell 17:58

    Entertainment:
    Kaya Scodelario says it's "very easy " to be "written off as difficult to work with" as a woman in the acting business 17:28

    Business:
    DOC's confirmed cost hikes are ahead for Great Walk facilities 17:27

    Entertainment:
    Jeremy Renner quipped that he felt like he was "dating" co-star Robert Downey Jr. as the pair FaceTimed during his stint in the ICU 16:58

    Rugby:
    The Blues want to turn the clock back to the days of Benji Marshall's short-lived rugby union stint this weekend 16:57


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