Energy tax plans threaten 3,000 aluminium jobs

The Government’s proposals for an energy tax could put the UK’s four main aluminium smelters out of business, with the loss of around 3,000 jobs, it was claimed last week. Tom Campbell, managing director of Anglesey Aluminium Metal, told a group of MPs and Lords that the tax would increase the annual costs of his […]

The Government’s proposals for an energy tax could put the UK’s four main aluminium smelters out of business, with the loss of around 3,000 jobs, it was claimed last week.

Tom Campbell, managing director of Anglesey Aluminium Metal, told a group of MPs and Lords that the tax would increase the annual costs of his company’s Holyhead smelter – the largest in the country – by £13.8m. It would put £102 on the price of a tonne of aluminium and jeopardise the plant’s competitiveness.

He warned that if the smelter closed, over 1,000 jobs would be lost and its annual production of 135,000 tonnes would go overseas.