October 22, 2019 / 8:05 PM / a month ago

NZ's Meridian says Rio Tinto considering options for aluminium smelter

Oct 23 (Reuters) - Electricity generator Meridian Energy Ltd on Wednesday said New Zealand Aluminium Smelter owner Rio Tinto will conduct a strategic review of the smelter and was considering several options for the site, including closure.

Meridian supplies electricity to the site, which is New Zealand’s only aluminium smelter. Japan’s Sumitomo Chemical Co Ltd holds a roughly 20% stake in the smelter.

Reporting by Ambar Warrick in Bengaluru Editing by Leslie Adler

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