It is reported that a third round of talks took place between Mr David Bloor director of Anglesey Aluminium and government officials as efforts continue to thrash out a deal to save 350 jobs.

The discussions are believed to be centered on a counter proposal made by the company in response to a EUR 48 million rescue package offered by the government.

Mr Albert Owen Labour MP of Anglesey said that “The next few weeks will be crucial as the company representatives make a business case and they are developing that case now through experts. Obviously the government has to safeguard the taxpayers’ money and the company wants to maintain good trading conditions.