10 Jul 2020

Economic impacts of Tiwai Point closure

From Midday Report, 12:43 pm on 10 July 2020

The future of Southland's economy is unsure, after the announcement that the Tiwai Point smelter – which employs 1,000 people – will likely close next year.

High power prices, combined with low aluminium prices, have led  Rio Tinto to announce the smelter's closure.. 

Phil Barry is a director at economic experts TDB Advisory.

He spoke with Māni Dunlop.