The UK Serious Fraud Office has opened an investigation into GFG Alliance and its dealings with Greensill.
Tag: lochaber smelter
Mr Erskine, Scottish Labour Candidate for Skye, Lochaber and Badenoch for the Scottish parliamentary elections in May, said the Lochaber smelter is vital to the Highlands and should be at the heart of any green economic recovery to the region as the country emerges from the Covid-19 pandemic.
Community council secretary Russell Leaper said some of those attending the online event were expecting to be given details of an Environmental Impact Assessment [EIA] as part of the process.
The issue was raised this week following concerns about the financial position of the GFG Group after one if its major financial backers looked set to enter administration.
Caol and Mallaig councillor Ben Thompson said the news must be very worrying for staff and contractors and said he hoped GFG management was doing its utmost to reassure those who depend on the company.
Subject to approvals and any further impact of the Covid-19 pandemic, Alvance aims to commence the new development works in 2021 and target full operation by 2024.
The news comes almost four years to the day that GFG announced it had bought the smelter and accompanying hydro-electric scheme plus another hydro plant at Kinlochleven, together with 114,000 acres of estate lands, in a £330M deal from Rio Tinto Aluminium.
In a new venture for the group, GFG Alliance is also tabling plans for a new water canning facility, located next to the Fort William plant, to package Scottish Highlands water into reusable aluminium cans.