New Zealand

NZAS Turned Down NZ$35 Million In Clean-Up Assistance From National Government

NZAS Turned Down NZ$35 Million In Clean-Up Assistance From National Government

The Tiwai aluminium smelter in New Zealand recently affirmed its commitment to clean up hazardous waste at the plant, but documents brought to light this week reveal that the New Zealand Aluminium Smelter turned down an offer of several million dollars from...

Events

Kiwi Aluminium Extruder McKechnie Completes NZ$18 Million Equipment Upgrade

New Zealand aluminium extrusion firm McKechnie Aluminium Solutions Limited announced last week the completion of a NZ$18 million investment in new machinery at its plant in Taranaki that it hopes will help it “leapfrog” into the future of aluminium manufacturing. The investment, which took the company three years to complete and several months to commission, […]

Rio Tinto Promises Carbon-Free Smelting Technology At Tiwai Point

New Zealand’s Tiwai Point Aluminium Smelter is in line to possibly become the world’s first carbon-free aluminium smelter after a productive discussion between the heads of Rio Tinto Group and the New Zealand government last week. A Kiwi news source says Rio Tinto chief executive Jean-Sébastien Jacques and Prime Minister Jacinda Ardern discussed the matter […]

New Zealand Petitions Trump for Exemption from Aluminium Tariffs

New Zealand’s government has added its name to the list of countries seeking an exemption from the coming 10-percent aluminium tariffs to be imposed upon imports into the United States later this month. Prime Minister Jacinda Ardern told domestic media in a press conference earlier this week that her country has a “strong case” to […]

Rio Tinto Pondering Placement of Pacific Aluminium on Australia’s Stock Exchange

Rumors have surfaced in Australian media outlets that Anglo-Australian mining titan Rio Tinto Group is weighing listing Pacific Aluminium on the country’s securities exchange in the near future. According to a column published in The Australian Financial Review earlier today, Rio Tinto is exploring a full or partial listing on the Australian Securities Exchange (ASX) […]

Tiwai Point Aluminium Smelter Profitable in 2016 Despite Rising Power Costs

Despite rising costs and their impact upon the firm’s bottom line, New Zealand Aluminium Smelter Limited (NZAS) still turned a profit in 2016. However, the firm warns that, should relief for its rising power costs not be forthcoming, the financial numbers in coming years may be printed with red ink. NZAS released results for the […]