Has not this taken some time to be effected? Is not the truth that the private sector does not particularly want to be involved in the project? Is not this a matter for concern, and, given our trade relations with the Soviet Union, is not this question of a British titanium capacity all the more urgent?
I accept the general thrust of the second part of the hon. Member's question. A new company, Deeside Titanium Ltd., has been formed, consisting of the National Enterprise Board, Rolls-Royce and Imperial Metal Industries Ltd. Planning permission has been sought to build a new plant at Shotton in North Wales. I hope that the hon. Member will welcome the move in that direction.
I do not think that the hon. Member really needs to make a great meal of this. He should be the first to welcome the fact that about 280 jobs will go to his part of the world.