News | Business
20 Nov 2019 19:43
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Days of Xmas
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   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
     20 Nov: A better balance between being fair to public service bosses - and to the taxpayers, who pay their salary
     20 Nov: Global dairy prices have risen 1.7 percent at Fonterra's latest overnight auction
     20 Nov: The government says changes to the Overseas Investment Act aren't designed to block foreign investment
     20 Nov: Greymouth businesses are holding out hope the train line will be open in the next few days
     19 Nov: Napier Port's Chief Executive says he's pleased the government is addressing future of Auckland's port
     19 Nov: Matt Walsh has no regrets about the direction he's taking the Breakers in
     19 Nov: Significant power price hikes ... could be in the wind for some in Otago
     Top Stories

    RUGBY RUGBY
    New Zealand Rugby's decision to wait until after the World Cup to appoint Steve Hansen's successor grows increasingly flawed, as another possible contender drops out More...


    BUSINESS BUSINESS
    A better balance between being fair to public service bosses - and to the taxpayers, who pay their salary More...



     Today's News

    Entertainment:
    Kim Kardashian West felt "extremely emotional" when Rodney Reed was granted a 120-day stay of ex ecution 19:22

    Environment:
    A magnitude 6.3 earthquake has struck off Mexico's southern state of Chiapas, 18:57

    Entertainment:
    Lili Reinhart's mother is the most influential person in her life 18:52

    International:
    A reporter's reflection on covering the bushfires in NSW and Queensland 18:47

    Law and Order:
    A Dunedin man's been arrested and charged with undervaluing imported heavy machinery - and evading 1.4 million dollars of GST payments at the border 18:37

    Entertainment:
    Celine Dion thinks Jack could have fit on the floating door with Rose in 'Titanic' 18:22

    Rugby League:
    Manly are one step closer to fielding three Trbojevic brothers in the same NRL team with 18-year-old Ben re-signing for the next two seasons 18:07

    Entertainment:
    TLC star Chilli doesn't think she'll ever totally "heal" from the death of Lisa 'Left Eye' Lopes 17:52

    Accident and Emergency:
    KiwiRail has re-opened the section of line at Omoto near Greymouth 17:27

    Entertainment:
    Harry Styles joked about a possible One Direction reunion on 'Saturday Night Live' 17:22


     News Search






    Power Search


    © 2019 New Zealand City Ltd