HC Deb 30 January 1968 vol 757 c293W
Mr. Ridley

asked the President of the Board of Trade if he will give details of all loans that Her Majesty's Government have made to Alcan Limited, together with any reciprocal obligations upon the company.

Mr. Darling

Her Majesty's Government lent Alcan about $120 million (Canadian) between 1940 and 1954, to enable the company to expand its capacity for producing aluminium in return for first call rights on certain tonnages. The loans are repayable in 1971 and 1974.

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