Staff at one of the MidWest’s largest employers have been given an early Christmas present with news that a threat to its future is to be lifted.
Doubt was cast in recent months over the future of Limerick’s Aughinish Alumina plant, which employs 680 people directly and supports a further 1,000 workers, after sanctions were imposed on its Russian owners by the US.
Now, however, the US Treasury says it plans to lift the sanctions that have been imposed on the owners, Rusal, after it agreed to undertake significant restructuring.
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The news has been welcomed by the Irish government.
