A deal's been made with New Zealand’s Aluminium Smelter to keep the smelter at Tiwai operating for the next 20 years.
The agreement includes a significant demand response deal to make more electricity available for the country when it may be required during times of high demand.
It also has commitments for the environmental remediation of the smelter site.
Invercargill Mayor Nobby Clark told Kerre Woodham that this is outstanding news for the region.
He said that there was a nervousness as to how much power Tiwai needs and where that power could be diverted to other industries, but it seems as though power companies are able to deal with both.
It’s outstanding, Clark said, as they have other industries wanting to make their way into Invercargill.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Popular Podcasts
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.