Rusal Aughinish back in red last year despite revenue rise

The largest alumina refinery in Europe, Rusal Aughinish, last year went back into the red to record pre-tax losses of $12.2m (€10.8m).

The loss came despite revenues having increased by $22m from $607.8m to $629m.

Based on the Snannon estuary, the principal activity of Limerick Alumina Refining Ltd and subsidiaries is the production and sale of alumina.