ICYMI: Who blinked at Rio's bluff over Bluff?
Meridian and Contact agree to cut power costs to keep Bluff smelter open to 2024 at least, while Govt still talks with Rio Tinto over cleanup & transmission costs; US jobs market hit, but China strong
TLDR: Someone blinked, but it’s not clear yet just who and by how much. Meridian, Contact and Rio Tinto announced yesterday that had agreed on new power price deals to keep the Tiwai Point smelter open until 2024 at least, but they didn’t announce numbers. The Government also didn’t give details, as it’s still in talks about cleanup and transmission cos…
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