MEL
09/08/2012 08:48
GENERAL
REL: 0848 HRS Meridian Energy Limited
GENERAL: MEL: New Zealand Aluminium Smelters Ltd electricity contract
Meridian Energy advises it has been approached by Pacific Aluminium, a
business unit of Rio Tinto Ltd, the majority shareholder of New Zealand
Aluminium Smelters Ltd (NZAS), to discuss potential changes to the
electricity contract with the smelter.
In 2007 Meridian renegotiated the contract conditions with NZAS and signed a
new electricity supply agreement, which takes effect in January 2013.
Discussions are ongoing and remain confidential.
End CA:00225760 For:MEL Type:GENERAL Time:2012-08-09 08:48:47
Price at posting:
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