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15 Nov 2019 13:17
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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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     14 Nov: A new record for New Zealand house prices
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     Today's News

    Swimming:
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    Business:
    Positive signs for the manufacturing industry 13:07

    International:
    Kutupalong refugee camp, home to more than 600,000 Rohingya, faces daily challenges 12:47

    Entertainment:
    Eva Mendes loves “playing Santa” for her daughters 12:44

    Accident and Emergency:
    Detours are in place after a slip on State Highway 6, north of Nelson 12:37

    Tennis:
    Roger Federer has lit up the O2 Arena with a dazzling 6-4 6-3 defeat of Novak Djokovic to hand the Serb an early ATP tennis Finals exit and wreck his bid to end the year ranked number one 12:37

    Health & Safety:
    An expert says the former doctor facing a misconduct case on the Kapiti Coast examined women's breasts for longer than necessary 12:37

    International:
    Vaping illnesses have been linked to vitamin E acetate. So, what now? 12:27

    Business:
    A property trader's been told off for making false claims about the value of vulnerable people's homes 12:27

    Entertainment:
    Adam Sandler was told to quit acting by his acting professor 12:14


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