RNZ·3 min read·medium

Government moves to keep cement production in NZ with up to $60m in financial support

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RNZ | Te Reo Irirangi o Aotearoa
Government moves to keep cement production in NZ with up to $60m in financial support
AI Summary

The New Zealand government has pledged up to $60 million in financial support to Golden Bay Cement to prevent the closure of its Northland plant. The funding aims to maintain domestic manufacturing resilience and offset carbon costs that make imported cement more competitive.

The government is providing up to $60 million in financial support to Golden Bay Cement to ensure its Northland operations can continue.

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Government moves to keep cement production in NZ with up to $60m in financial support — Headlinne — headlinne