The company, which operates 27 sites across the UK, is expected to begin winding down as soon as Tuesday

Unimetals has a site in Derby and another in Somercotes (stock image) (Image: Getty Images)

Metals recycling firm Unimetals, which has two sites in Derbyshire, has filed for compulsory liquidation, putting around 650 jobs at risk across its nationwide operations.

The company , which operates 27 sites across the UK, is expected to begin winding down as soon as Tuesday after efforts to find a buyer failed. Advisers from Alvarez & Marsal managed discussions with potential buyers, but were unable to secure a sale.

The firm has a site in Mansfield Road, Derby, and another in Birchwood Lane, Somercotes .

A spokesperson for Unimetals said: "We have worked tirelessly to explore every

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