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Rio Tinto's New Zealand aluminum smelter seeking ways for continuous operation after planned closure in 2024

28 Jul 2022 16:12 reported by Joy Liu

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Rio Tinto said that it is seeking ways to continue the operation of its majority-owned aluminum smelter in Tiwai Point, New Zealand after the current electricity contract ends in 2024.

The smelter is the largest electricity consumer in New Zealand, using around 13% of the country's electricity supply.

Rio Tinto had planned to close this aluminum smelter in August 2021 but continued the operation until 2024 after gaining cheaper electricity prices.