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Surprise expressed over newly-filed accounts for major West Limerick and North Kerry employer

Nov 28, 2022 13:11 By radiokerrynews
Surprise expressed over newly-filed accounts for major West Limerick and North Kerry employer Surprise expressed over newly-filed accounts for major West Limerick and North Kerry employer
Rusal Aughinish Alumina Plant as viewed across the estuary from Kildysart Pier. Photo: Blight55 via Wikimedia Commons
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A councillor has expressed surprise at newly-filed accounts for one of the biggest employers in the West Limerick and North Kerry region.

 

Russian-owned Aughinish Alumina in West Limerick is Western Europe’s largest alumina refinery.

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Newly-filed accounts show that Aughinish made a lost of over  €377.6 million in the year before Russia’s invasion of Ukraine.

 

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A major factor was the rising price of gas as well as exceptional charges costing over €302.78 million.

 

Limerick County Councillor Stephen Keary says he’s surprised to hear of the losses given the company’s development plans.

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Cllr Keary says any closure of Aughinish Alumina would be devastating for West Limerick and North Kerry.

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