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21 Nov 2019 3:36
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  •   Home > News > Politics

    The Finance Minister's hoping the Tiwai Point aluminium smelter doesn't shut down

    The Finance Minister's hoping the Tiwai Point aluminium smelter doesn't shut down


    Owner Rio Tinto says it's been haemorrhaging money and is considering three options for the plant at Bluff, including closing.

    The National Government bailed out the smelter with 30 million dollars in 2013.

    Grant Robertson says pulling the plug would be a shame for the industry.

    Tiwai is the province's biggest employer by far - with about 3500 people depending on it.

    © 2019 Newstalk ZB, NZCity


     Other Politics News
     20 Nov: Calls to tighten up laws around electoral donations
     20 Nov: The Maori Council has hopes for a change in the the Crown's relationship to the Treaty, after a royal visit to Waitangi today
     20 Nov: The government says changes to the Overseas Investment Act aren't designed to block foreign investment
     19 Nov: Napier Port's Chief Executive says he's pleased the government is addressing future of Auckland's port
     19 Nov: Gone are the days of paying hundreds of dollars to remove a wheel clamp
     19 Nov: The Government will have new powers to assess foreign sales of sensitive and high risk assets
     19 Nov: The Prime Minister says all parties are expected to follow the law when it comes to party donations
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