8 Feb 2022

Rio Tinto sees a future in New Zealand...

From Lately, 10:18 pm on 8 February 2022

The Tiwai Point aluminium smelter has done an about turn and now wants to keep operating past 2024 - when it was expected to close. The majority owner, Rio Tinto issued a statement today saying the Bluff operation has a long-term future. That's perhaps not surprising if you're watching aluminium prices which have climbed to new highs. RNZ Business Editor, Gyles Beckford explains the big picture.