New Zealand Prime Minister Jacinda Ardern said on Monday that she will negotiate to extend the operations of Rio Tinto's (RIO) aluminium smelter in the country by 3-5 years.
"We are seeking to extend the life of the smelter between 3 to 5 years...," Ardern said in an announcement as she campaigns for re-election in polls next month.
Rio Tinto said in July it was closing its aluminium smelter in Tiwai Point due to high costs and a challenging market, putting over a thousand jobs on the line and dealing a blow to the country's top power producers. (([email protected]; +6448028163; Reuters Messaging: [email protected]; Twitter: https://twitter.com/Journopraveen))
News: RIO New Zealand's Ardern seeks to extend Rio Tinto smelter operations by 3-5 years
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$115.44 |
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| Open | High | Low | Value | Volume |
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| RIO (ASX) Chart |