Tiwai To Restart 4th Potline Creating Up To 32 Jobs

May 01, 2018
3218 Views

New Zealand’s Aluminium Smelter (NZAS) has secured a power contract for 50 MW to enable it to restart its fourth potline which was mothballed six years ago.

“This is a great day and news I am thrilled to be able to announce,” says NZAS Chief Executive and General Manager Gretta Stephens. “Restarting Line 4 will create up to 32 skilled jobs in Southland, as well as boosting production by a further 85 tonnes of metal a day.”

Opened in 1996 by then Prime Minister Jim Bolger, the fourth potline was built with a view to expansion down the line; however, in April 2012 with historically low aluminium prices and a looming increase in power prices, the very difficult decision was made to shut Line 4 down.

“It is never good to have a cold potline at a smelter as it represents a capital investment that isn’t contributing to our economy and our community,” says Ms Stephens. Prices for aluminium have begun to recover and following extensive negotiation with Meridian Energy agreement has been reached for a contract until December 2022.

“NZAS makes aluminium with one of the lowest carbon footprints of a smelter anywhere in the world. Aluminium is the fastest growing input in the automotive industry as manufacturers seek greater fuel efficiency,” says Ms Stephens.

“NZAS is well placed to offer metal that is increasingly sought after in a low carbon global economy.” It is expected to take up to six months before Line 4 is fully operational and will begin with a planning, equipment sourcing and recruitment phase.

You may be interested

Arrests Made In Relation To Dunedin Robberies
News
119 views
News
119 views

Arrests Made In Relation To Dunedin Robberies

Editor - Jul 19, 2018

Dunedin Police have made arrests in relation to three recent aggravated robberies. A man, aged 27, and two women, aged…

Your City, Your Say – Your Ideas
Business, News
30 views
Business, News
30 views

Your City, Your Say – Your Ideas

Editor - Jul 19, 2018

If you had the chance to name a brand-new CBD redevelopment filled with shops, eateries, outdoor areas and much more,…

Rally Veterans Return With A Cause
Motor Sport, News
24 views
Motor Sport, News
24 views

Rally Veterans Return With A Cause

Lindsay Beer - Jul 19, 2018

One of the big names of a great era in New Zealand rallying will be among the entries when the…