Relief for workers as US Senate fails to block lifting Aughinish Alumina sanctions

AL Circle

The US Senate reportedly failed in its attempt on Wednesday evening, January 16, to block the agreement to lift sanctions against Rusal, the parent company of Aughinish Alumina. With this arrived an immense relief among nearly 400 Aughinish workers in Limerick.

{alcircleadd}

The news came when a junior minister reported this and said: “Workers at Aughinish Alumina in Limerick can breathe a huge sigh of relief."

In late December, the Trump administration had announced its intention to remove sanctions against Rusal, following which the company agreed to significantly reduce Deripaska’s stakes and sever his control.

The decision was welcomed by Irish officials as well who lobbied intensively for the sanctions to be lifted.

However, fresh concerns arose when the US Democrats expressed their opposition to the lifting of sanctions.  A democratic leader in the House of Representatives even said that the Trump administration, for nothing, is going soft on Russia.

But their attempt eventually failed to pass as the votes fell short of the 60-vote majority needed to do so with 57 votes to 42.

This clears the way for the sanctions to be lifted as and from Friday, January 18, Limerick leader understands.

Minister of State Patrick O’Donovan said after the vote, “hopefully this is the end of a long drawn out matter.”

In a statement, he further said: "We need to await developments over the next day or so to ensure that the de-listing goes ahead as planned on Friday.

Edited By:


This news is also available on our App 'AlCircle News' Android | iOS


Alternate Text
EPIQ Machinery

A world class equipment designer specialized in developing innovative & effective solutions for heavy equipment, vehicles, and material handling systems

Alternate Text
RIA Cast House Engineering

Leading supplier of rail mounted precision Furnace Charging Machines and Furnace Skimming Machines

Alternate Text
Altek

Leading manufacturer of value-added equipment for the aluminum casthouse

Alternate Text
XIAN HUAN-TAI TECHNOLOGY

Your reliable partner in aluminum casthouse equipment and products

Alternate Text
CETAG

A supplier of proven systems and an expert adviser in aluminum casthouse technology, offering its services worldwide to the aluminum industry.

Alternate Text
IBAAS​-IIM 2024

September 25-27, 2024 | BITS Pilani K K Birla Goa Campus, Goa, INDIA

Related
Business Leads
We have buying requirement of Aluminium Trihydrate. ...
16-Jul-2024 Buying request

We are interested in buying low sulphur green petroleum coke...
26-Jun-2024 Buying request

Interested to buy aluminium powder. Destination :  Amravti,...
10-Jan-2024 Buying request

Read this news article and much
more on the AL News app
Get real-time news and business
lead alerts on your phone
SUBSCRIBE NOW
Market

Market

Project

Project

Technology

Technology

Leads

Leads