Anglesey Aluminium
Anglesey Aluminium is a subsidiary of Rio Tinto Alcan who ran a primary aluminium smelter in Anglesey, Wales, which was closed in September 2009. Cite error: Closing </ref> missing for <ref> tag that;
- "Anglesey Aluminium could not afford to buy power in the UK and reach a breakeven financial position. This is because the worldwide price of aluminium does not include a cost of carbon."[1]
Another member of the ALFED's all party parliamentary group Albert Owens has supported the heavy subsidisation of the price of electricity to the Anglesey Aluminium smelter, which was affected in January 2009 by EU legislation banning state subsidisation of private companies. He supported a £48 million package to save the smelter, which closed in Sept 09 after the proposal was turned down.[2].
Another article in the Australian Daily Telegraph, quotes Holyhead mayor David Chorlton confirming that this £48 million offer had been made.[3]
The article also claims that Secretary for Business Peter Mandelson had called Rio's chairman to make an unsuccessful personal plea.[4]
Plant closure
The decision by Rio Tinto to close the plant is thought to be part of a global cut back in their aluminium smelting capacity to match a drop in the global aluminium price by 5%. [5]
Affiliations
People
Funding
Clients
Resources
Notes
- ↑ Philip Dunne, Hansard, House of Commons, 2nd Feb 2010 : Column 275 - 279 'Aluminium Industry' Accessed 06/04/10
- ↑ Alex Stevenson Election focus: Ynys Mon Politics.co.uk website. Accessed 07/04/10
- ↑ Charles Miranda, 'Rio cuts kill off island economy' The Daily Telegraph (Australia). December 28, 2009
- ↑ Charles Miranda, 'Rio cuts kill off island economy' The Daily Telegraph (Australia). December 28, 2009
- ↑ Charles Miranda, 'Rio cuts kill off island economy' The Daily Telegraph (Australia). December 28, 2009
