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29 Mar 2024 06:48:25

Tiwai Point may remain open

Posted: 05 Dec 2021

Government officials are confident Tiwai Point aluminium smelter will not close if aluminium prices remain high.

But they warn there are risks this will add millions of tonnes to greenhouse gas emissions.

Southland has been gearing up to cope with losing hundreds of jobs and lots of spending when the smelter shuts at the end of 2024.

However, Treasury documents released under the Official Information Act (OIA) estimate strong aluminium prices left the smelter half a billion dollars better off last year.

Read more at RNZ.