Glucina Alloys Faces Closure Due to Natural Gas Supply Shortage in New Zealand
NATURAL GAS
Glucina Alloys, New Zealand's sole aluminium recycling foundry in Auckland, faces potential closure due to an expiring natural gas supply. The company is unable to transition to electricity due to prohibitive costs, including a $500,000 charge from local lines company Vector and an additional $300,000 for necessary equipment. Without an alternative energy source, the foundry's operations are in jeopardy.

Jan 7, 2026, 1:58 PM