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Rio Tinto to shut New Zealand aluminium smelter

Christian Fernsby ▼ | July 8, 2020
Rio Tinto said it will close its aluminium smelter operation in New Zealand due to high costs and a challenging market, putting over a thousands jobs on the line.
Rio Tinto to shut New Zealand aluminium smelter
Rio Tinto   New Zealand smelter
New Zealand Aluminium Smelters venture, which is the country’s single largest power user, consumes about 5,000 gigawatt hours of electricity a year, roughly 12% of the country’s power, to produce 340,000 tonnes of high-grade aluminium annually.

Topics: Rio Tinto New Zealand

The smelter employs around 1,000 people directly and creates another 1,600 indirect jobs in Southland.

Rio acknowledged the decision “will have a significant impact on employees, the community and our customers,” but did not elaborate.

May 1, 2020