Revenues at the Aughinish Alumina refinery last year increased by 15% to $757.1m (€684m) in spite of US Treasury sanctions imposed on the Limerick company’s parent firm.

The ultimate owner of Aughinish Alumina in Limerick has said significant investment is planned for the facility, just months after US Government sanctions threatened the future of its 450-plus jobs.

A morning-after headache may be the side effect of a pint of plain and a whiskey chaser but at least it’s short-lived — the long-term hangover is the thousands of tonnes of carbon emitted during production.

Around 700 jobs at Aughinish Alumina in Limerick are safe for now after the US senate voted to support the White House in ending sanctions against the plant’s Russian owner.

Russian firm, Rusal, which owns Aughinish Alumina in Limerick, will be avoided by customers when the industry meets in Berlin next week to seal 2019 metal-supply agreements, industry sources predict.

The US Treasury has extended the deadline to investors to divest interests in the Russian firm that owns Aughinish Alumina, in Limerick, but has not removed it from its sanctions list.

Confusion surrounds billionaire Oleg Deripaska’s position on the board of Russian aluminium giant Rusal, the owner of Aughinish Alumina in Limerick.

The Government cannot become complacent about the risk to more than 650 jobs at Aughinish Alumina in Limerick even though fears are easing about the Trump Administration’s targeting of its Russian owner Rusal.

Donald Trump's trade sanctions could have a "catastrophic" effect on the economy of rural Limerick, a TD has warned.

The Government has said it will take “weeks to assess” the impact on the Irish economy of Donald Trump’s trade sanctions on Russia as 650 jobs at Aughinish Alumina in Limerick remain under threat.

The response of other trade blocs to America’s move will hurt, writes John Whelan.

The largest alumina refinery in Europe, Aughinish Alumina on the Shannon estuary, went back into the red last year.

Proposals by the energy minister, Dick Spring, to compel the ESB to buy gas from the Kinsale gasfield at uncommercial rates were described as “hopelessly illogical” by the country’s most senior civil servant.

An EU court has ordered the Government to recover over €10m in illegal state aid from Co Limerick-based metals refinery Aughinish Alumina.

Some of the country’s biggest carbon polluters arestill failing to rein in their greenhouse gas output as Ireland prepares to back plans to hike the cost of excess emissions.

Rusal Aughinish on the Shannon Estuary, the largest alumina refinery in Europe, returned to profit last year to record pre-tax profits of $15.59m (€12.15m).

Wind and renewable energies make up just 10% of the approximate €210m in subsidies that domestic and commercial electricity customers are forced to pay in their electricity bills to support power plants in this country.

The former mayor of Limerick has said he has “serious concerns” for the future after learning the Aughinish Alumina plant plans to extend the height of bauxite residue deposits to 100ft on lands adjacent to the Shannon Estuary.

Russian billionaire Viktor Vekselberg yesterday quit as chairman of the largest aluminium producer in the world, UC Rusal, saying the heavily indebted firm was in deep crisis after a long battle with rival oligarch Oleg Deripaska.

ONE of the biggest landfill sites in Ireland is due to close in the next 12 months, with management planning to grow grass and plant trees on the 236-acre ‘red mud’ pond at the Aughinish Alumina plant.

THE future of the $1.2 billion (€873m) alumina refinery at Aughinish Alumina has been secured until 2030 at least, with the company commissioning a 195-acre development that has the capacity to hold over 17 million tonnes of bauxite residue or “red mud”.

THE largest alumina refinery in Europe, RUSAL Aughinish, last year returned to profit after revenues almost doubled to $496.9 million (€344.9m).

THE largest alumina refinery in Europe, RUSAL Aughinish on the Shannon estuary has ruled out a €26 million plan to neutralise its red mud through the injection of CO2 — because the climate is not warm enough.

A CONTENTIOUS development spanning 195 acres that is to receive over 18 million tonnes of red bauxite residue at the Aughinish Alumina plant on the Shannon estuary is due to commence operating later this month.

AUGHINISH Alumina has denied claims by farmers living near its facility on the Shannon Estuary that bauxite residue, similar to that which has caused the Hungarian environment disaster, poses a risk here.

LOCAL farmers whose lands are located near the Aughinish Alumina plant in Co Limerick have demanded an expert review into the structure and containment of the bauxite residue site.

JOBS at the Aughinish Alumina factory in Askeaton in Co Limerick may be under threat after the European Commission decided to appeal a ruling on tax exemptions by the European Court of Justice (ECJ) in the company’s favour.

IRISH engineering firm Kentz says its cash position is strong and it is confident its full-year results will be in line with analysts’ expectations.

THE new chairman of the Cork Airport Authority (CAA) has been urged to revisit its controversial €113 million debt issue.

CLONMEL-BASED engineering firm Kentz has won a $250 million (€170m) contract in South Africa.

THE European Commission’s €60 billion action plan to tackle global warming puts the EU to the forefront in the fight against climate change — but it is just the first shot in what will be a battle with member states.