Rio Tinto‘s subsidiary Rio Tinto Alcan is planning to close its Alcan Lynemouth aluminium smelter in Northumberland, England.
The firm said that the smelter is no longer a sustainable business due to the increasing energy costs and emerging legislation.
Go deeper with GlobalData
Rio Tinto will provide support to all affected employees, including re-training and job search assistance, in order to mitigate the impact of any closure.
Rio Tinto Alcan CEO Jacynthe Côté said that the decision follows a thorough strategic review that explored every possible option for continuing to operate the smelter.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
