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Tiwai Point locks in 20-year deal with Meridian, Mercury, Contact Energy

Author
Newstalk ZB,
Publish Date
Wed, 5 Jun 2024, 8:51pm
The Tiwai Point aluminium smelter has had its life extended by 20 years. Photo / NZME
The Tiwai Point aluminium smelter has had its life extended by 20 years. Photo / NZME

Tiwai Point locks in 20-year deal with Meridian, Mercury, Contact Energy

Author
Newstalk ZB,
Publish Date
Wed, 5 Jun 2024, 8:51pm

A 20-year deal with Southland's Tiwai Aluminium Smelter could be good news for everyday New Zealanders.

The agreement signed by Meridian, Mercury, Contact Energy and New Zealand Aluminium Smelters will guarantee supply until 2044.

Milford Asset Management's Jeremy Hutton says this is positive news for the electricity sector. 

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