Donohoe indicates support for Aughinish Alumina Plant which has 'strategic importance'

Paschal Donohoe declined to indicate whether the Government would support fresh EU sanctions directed at Russian billionaire Oleg Deripaska, who is a major shareholder in Aughinish Alumina in Limerick

The Aughinish Alumina Plant. File picture

Finance Minister Paschal Donohoe has said he is aware of the “strategic importance” of the Aughinish Alumina Plant and indicated support for it, despite it being owned by a Russian oligarch.

Mr Donohoe, speaking at a press conference declined to indicate whether the Government would support fresh EU sanctions directed at Russian billionaire Oleg Deripaska, who is a major shareholder in Aughinish Alumina in Limerick.