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1618 posts

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  # 2346098 29-Oct-2019 21:37
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https://www.stuff.co.nz/business/industries/116995107/nzas-closure-team-coming-south

 

Those people who said Rio Tinto were "bluffing" in a bid to get subsidies were off track, she added.

 

Ermmmm ok looks like subsidies to me.

 

A fundamental reset in its power price was needed for it to be sustainable in the longer term, he said.





Ding Ding Ding Ding Ding : Ice cream man , Ice cream man


gzt

11053 posts

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  # 2346112 29-Oct-2019 22:21
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The fourth potline:

Stuff - May 2018:

New Zealand's Aluminium Smelter in Tiwai Point to reopen fourth potline, creating 32 new jobs:

Improved metal prices and a fixed power contract have meant a previously closed potline at the Tiwai Point aluminium smelter will reopen, resulting in up to 32 new jobs.
...
The fourth potline was shut in April 2012 because of historically low aluminium prices globally but a combination of factors made it possible for the line to be reopened.

"The two main factors were being able to get the power that we needed at the right price but also on a fixed contract. When we turned the potline off, it used to be run on spot power, and that was too high risk proposition. This contract runs through to the end of 2022. Metal prices have improved slowly but surely over the last couple of years, with a bigger hike this year," she said

Did they get that running?

 
 
 
 


270 posts

Ultimate Geek


  # 2346947 31-Oct-2019 20:05
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gzt: The fourth potline:

Did they get that running?

 

Yes

 


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