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6 Jul 2020 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.

    © 2020 Newstalk ZB, NZCity


     Other Business News
     06 Jul: A host of recommendations for Corrections and Clendon Pharmacy following the failed management of a prisoner's medication
     06 Jul: Words of warning for businesses relying on the wage subsidy
     06 Jul: Encouraging financial signs for the Crusaders ahead of Saturday's match with the Blues
     06 Jul: Welcome relief for employers doing it tough -- in Labour's new economic recovery plan
     05 Jul: The Small Business Loan Cashflow Scheme is being extended until the end of the year
     05 Jul: A fire has caused significant damage to a commercial and residential building in Dunedin
     05 Jul: There's been a large fire in a multi-storey building in a commercial area of Dunedin
     Top Stories

    RUGBY RUGBY
    The Blues have secured the services of one of their rising stars for another two seasons More...


    BUSINESS BUSINESS
    A host of recommendations for Corrections and Clendon Pharmacy following the failed management of a prisoner's medication More...



     Today's News

    Entertainment:
    Russell Wilson hasn't been able to accompany Ciara to her pre-natal scans 20:13

    Entertainment:
    Michael Sheen's eight-month-old daughter Lyra "went nuts" after finally being let out of the house amid the coronavirus pandemic 19:43

    Entertainment:
    Vanessa Hudgens and Ashley Tisdale are renovating their houses together 19:13

    Netball:
    Grace Kara's available to play for the Silver Ferns if head coach Noeline Taurua thinks she's good enough 18:57

    International:
    Rare brain-eating amoeba Naegleria fowleri infects person in Florida 18:47

    Entertainment:
    RuPaul has quit social media 18:43

    Politics:
    Team New Zealand is fighting to prevent a report into the spending of public money being published 18:37

    Rugby League:
    Warriors forward Jazz Tevaga is eager to see if club owner Mark Robinson addresses his controversial comments about Blake Green and Gerard Beale 18:17

    Entertainment:
    Simon Pegg would "love" to go into space with Tom Cruise 18:13

    Rugby:
    The Blues have secured the services of one of their rising stars for another two seasons 18:07


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