Latin America

“Seamless” Transfer of Ownership of Jamaican Bauxite Operations to New Day: Jamaican Minister of Finance

“Seamless” Transfer of Ownership of Jamaican Bauxite Operations to New Day: Jamaican Minister of Finance

Jamaica’s Minister of Finance and the Public Service Audley Shaw told an audience on Sunday that the transfer of ownership of the bauxite operation in St. Ann Parish was conducted in a “seamless” manner. The bauxite operation in Jamaica became the property...

Events

Fracsa Alloys to Double Capacity by Early 2017

Mexico’s Fracsa Alloys Queretaro, S.A.P.I. de C.V. announced recently that it plans to double production by early 2017. Company president Franciso Ruiz told S&P Global Platts of the planned increase during a tour of the firm’s plant in Queretaro, which is in central Mexico, 132 miles northwest of Mexico City. Ruiz indicated that the plant […]

Argentina Opens Anti-Dumping Probe Over Chinese Aluminium Alloy Wheel Imports

The government of Argentina has begun an investigation to determine whether sanctions are in order against the People’s Republic of China for dumping aluminium alloy wheels on the Argentine market. News of the probe came from an announcement on the Trade Remedy and Investigation Bureau of China’s Ministry of Commerce late on Wednesday, according to […]

Maxion Wheels Inaugurates New Aluminium Wheel Plant in Brazil

Michigan vehicle wheel manufacturer Maxion Wheels (a division of Brazil’s Iochpe-Maxion S.A.) announced on Thursday that it has opened a new light vehicle aluminium wheel plant in Limeira, São Paulo, Brazil. Built alongside the company’s existing plant, the new plant will turn out up to two million new aluminium wheels per annum and employ five […]

US Firm to Submit Plan for Opening Abrasive-Grade Bauxite Plant in Guyana

American firm Metallica Commodities Corp. plans to submit a proposal for re-opening an idled calcining kiln in Guyana for the production of abrasive bauxite. The Guyanese government requested the re-submission of plans previously rejected by the previous Guyanese administration in 2007. “There has been a new government in Guyana since May of last year (…) […]

Brazilian Aluminium Extruder Sapa Sacks Management and Directors as Sales Decline

Brazilian aluminium extruder Sapa laid off its management and staff last week, as the firm’s sales continued to drop. This also comes amid staff cuts and other measures meant to ease the company’s overhead. Finance director Roberto Silva and commercial director Erivam Boff have left the company. Other management positions have been eliminated, and the […]