Carbon saved by NZ Steel’s new furnace upped to 1 million tonnes a year, brought forward to 2025
NZ Steel says the government’s up to $140 million investment in its electric furnace should repay itself in about three years.
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Category : News
Is the heat about to go on Fonterra over farming on drained peat?
Government officials have been quietly exploring how much carbon dioxide could be saved if the country reflooded its peat soils.
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Mercury Energy denies it is to blame for Winstone Pulp International mill closures
Ministers have been meeting major energy users to discuss how the government could help businesses struggling due to high wholesale power prices.
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Meridian Energy puts planned green hydrogen facility on standby
Meridian chief executive Neal Barclay said the economics of producing green hydrogen at scale had become more challenging.
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Nvidia fails to impress growth-hungry investors, shares fall
Investors have driven a dizzying rally in its stock as they bet billions on the future of generative AI.
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Tourism Industry Aotearoa warns hiking international visitor levy could lead to fewer arrivals
Hundreds of millions of dollars are at risk if the international visitor levy is hiked to $100, Tourism Industry Aotearoa claims.
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Challenge to Meridian’s claim power bills taking less of household spending
The chief executive says Minister Shane Jones is wrong and they’ve been investing in business despite paying out millions in dividends.
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What do New Zealand’s influencers really earn?
New data shows they’re not Tiktoking their way to riches.
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Air NZ profit drops by two thirds to $146m
The drop compared to a $412 million profit last year, while underlying profit was in line with guidance in May.
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Drop in demand from China a factor in Comvita $77m loss
The loss of a major customer in North America has also affected the honey producer’s performance.
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