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21/07/2009
Talks Underway To Save Welsh Aluminium Plant
Managers from Anglesey Aluminium are due to meet with politicians today to carry out talks to save the company from complete shut down.
The company has already declined the offer of £50m in a Government rescue package.
The plant, located near the community of Holyhead, announced 250 redundancies last week, and 140 voluntary redundancies were made the week before.
Hundreds of jobs will be lost if an agreement is not made to secure the future of the company.
Secretary of State Peter Hain said there was a "glimmer of hope" that a solution could be found at the meeting.
Anglesey Aluminium, which is jointly owned by Rio Tinto (51%) and Kaiser Aluminum & Chemical Corporation (49%), currently buys cheap electricity from the nearby Wylfa Power Station.
(CD/BMcC)
The company has already declined the offer of £50m in a Government rescue package.
The plant, located near the community of Holyhead, announced 250 redundancies last week, and 140 voluntary redundancies were made the week before.
Hundreds of jobs will be lost if an agreement is not made to secure the future of the company.
Secretary of State Peter Hain said there was a "glimmer of hope" that a solution could be found at the meeting.
Anglesey Aluminium, which is jointly owned by Rio Tinto (51%) and Kaiser Aluminum & Chemical Corporation (49%), currently buys cheap electricity from the nearby Wylfa Power Station.
(CD/BMcC)
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Northern Ireland WeatherToday:A rather cloudy start with patchy mainly light rain, but becoming brighter through the day as the rain turns more showery, the best of any sunnier spells in the south. Maximum temperature 16 °C.Tonight:A few bright spells at first and any showers gradually dying out. Low cloud and mist or drizzle over northern coastal parts will spread south to most areas overnight. Minimum temperature 7 °C.
