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BRIEF-Meridian Energy Says Rio Tinto To Terminate Contract Relating To Smelter

Published 09/07/2020, 06:59 am
Updated 09/07/2020, 07:00 am
MEZ
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July 9 (Reuters) - Meridian Energy Ltd MEL.NZ :

* RIO TINTO GIVES CONTRACT TERMINATION NOTICE TO MERIDIAN

* RIO TINTO HAVE INDICATED THAT AT THIS DATE WIND-DOWN OF OPERATIONS IS EXPECTED TO COMPLETE AND SMELTER WILL EVENTUALLY CLOSE

* CONFIRMED THAT RIO TINTO HAS GIVEN NOTICE THAT IT WILL BE TERMINATING CONTRACT RELATING TO SMELTER

* REVIEWING DECISION & WILL ENGAGE WITH RIO TINTO TO ASSIST SMELTER OWNERS IN AN ORDERLY EXIT FROM NEW ZEALAND

* CONFIRMS RIO TINTO, OWNER OF TIWAI POINT ALUMINIUM SMELTER, HAS GIVEN NOTICE IT WILL BE TERMINATING CONTRACT RELATING TO SMELTER

* RIO TINTO, WILL BE TERMINATING CONTRACT RELATING TO SMELTER WITH EFFECT ON AND FROM 31 AUGUST 2021

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