Smelter power
PA Wellington South Pacific Aluminium. Ltd. would have no objection to the details of its smelter contract, including the electricity price, being made public when the proposed Aramoana deal was finalised, a spokesman said. The senior public relations officer for Fletcher Challenge. Mr Joseph Peart, was commenting in the absence of South Pacific's chairman. Mr Barrie Downev. Part of Social Credit s proposal for assuring that the Clyde high dam proceeds called for major project details involving electricity use to be made public. Mr Beetham's formula also called for such deals to be tied to a minimum power price of 75 per cent of generating costs. It is believed that the prospective smelter consortium partner. Pechiney. has already rejected a proposed power price at. 50 per cent.
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Press, 14 July 1982, Page 6
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129Smelter power Press, 14 July 1982, Page 6
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