According to reports, Tiwai Point smelter is unlikely to close despite the shut-down clause.

Southland's Tiwai Point aluminium smelter, which has issued a shutdown notice, employs 800 people and brings $500 million annually to the region's economy. However, the smelter is expected to be operating despite the shutdown clause.

Once the company's results for 2016 are released in the next few months, it may give a clear indication of its future. However, it is almost certain that the plant is not going to shut down in the short to medium term.