Aughinish Alumina to Set Aside โฌ31M for Future Closure and Environmental Costs Under New EPA Agreement
[SMM Aluminum Express News] Aughinish Alumina, Europeโs largest alumina refinery, will be required to set aside nearly โฌ31 million upfront to cover future closure, restoration, and environmental remediation costs under a new agreement with Irelandโs Environmental Protection Agency (EPA). The revised arrangement significantly reduces reliance on parent company guarantees from Russian-owned Rusal amid growing uncertainty over the refineryโs future and potential EU sanctions.