Anglesey Aluminium Metal Limited (AAM) is jointly owned by Rio Tinto (51 per cent) and Kaiser Aluminum & Chemical Corporation (49 per cent) and began operating in 1971. On 30th September 2009 AAM ceased smelting operations due to not being able to source a commercially viable power contract. In October 2009 Anglesey Aluminium transformed its operations into a Remelt facility for the continued production of billet to meet the needs of its stakeholders. Anglesey Aluminium’s portfolio covers the UK and mainland Europe.