Aughinish smelter faces new uncertainty as Biden mulls sanctions against owner Rusal

Aughinish has so far escaped getting tied up in US sanctions on Russian companies over the war in Ukraine
Aughinish smelter faces new uncertainty as Biden mulls sanctions against owner Rusal

The Aughinish Alumina Refinery on the Shannon Estuary employs around 500 people at the Co. Limerick site and is involved in one of the stages in the international process of turning mined bauxite into alumina which is then made into a myriad of aluminium products. File picture

The future of Aughinish has been thrown back into doubt on a report the White House is mulling potential sanctions on Russian companies dealing in aluminium, including the giant Rusal International which ultimately owns the huge smelter in the Shannon Estuary.

Aughinish has so far escaped getting tied up in US sanctions on Russian companies over the Ukraine war despite its ultimate ownership by Moscow-based international metals firm Rusal because aluminium is used widely in the manufacture of cars and buildings around the world. 

Already a subscriber? Sign in

You have reached your article limit.

Subscribe to access all of the Irish Examiner.

Annual €130 €80

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited