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New Zealand Aluminium Smelters (NZAS) signed 20-year electricity arrangements with Meridian Energy, Contact Energy and Mercury NZ for 572 MW of power, securing the future of the Tiwai Point aluminium smelter. The agreements are expected to commence in July 2024 and run until at least 2044.
“We are pleased the long-term future of the Tiwai Point smelter has been secured with these agreements, which were reached with a genuinely collaborative spirit between all parties.”stocks.observer-reporter.com
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