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Hundreds of jobs at stake as Alcan holds sell-off talks
Edited by : AL CIRCLE
1 min read
TALKS are under way in the hope of securing the future of one of the biggest employers in south east Northumberland.
Bosses at Rio Tinto Alcan in Lynemouth are in discussions with two companies interested in buying its aluminium smelter and power station in separate deals.
The potential sales could safeguard the jobs of the 650 staff employed at the coastal complex.
Rio Tinto Alcan is currently undertaking a strategic review triggered by potential new European Union rules on emissions and the government’s carbon floor price.
The options on the table are keeping the current plant going, selling it off or shutting it down.
Bosses at Rio Tinto Alcan in Lynemouth are in discussions with two companies interested in buying its aluminium smelter and power station in separate deals.
The potential sales could safeguard the jobs of the 650 staff employed at the coastal complex.
Rio Tinto Alcan is currently undertaking a strategic review triggered by potential new European Union rules on emissions and the government’s carbon floor price.
The options on the table are keeping the current plant going, selling it off or shutting it down.
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