"It is time to undo all the damage done by Bradford"
Mark Binns says the potential closure of Tiwai Point, in particular, is not a “slam dunk”.
"The one saving grace of the Tiwai bailout was that aluminium prices could easily turn around and make the plant a goldmine again"
The government has chipped in with a $30 million "incentive payment".
"I can see the logic in this case, but it will attract criticism from those businesses that feel they also need help but won't get it."
Investors will be looking for certainty from the state-owned power company's IPO. The hot issues:
Bluff smelter owners issued a swift contradiction to today's claim by its supplier, Meridian Energy, of an impasse over contract negotiations.
Generator says the proposal is uneconomic in the current flat electricity market.
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