Latin America

AWAC to Close Suriname’s Suralco Refinery

AWAC to Close Suriname’s Suralco Refinery

Aluminium producer Alcoa Corporation announced yesterday that it would be closing the Suralco alumina refinery and bauxite mines in Suriname. The firm said in a press release that the mine had been curtailed for over a year prior to this announcement. Alcoa...

Hindalco Said to Soon Sell Brazilian Assets

According to sources close to the firm, India’s Hindalco Industries is planning to shed its alumina assets and bauxite mines in Brazil. The sources indicate that commodity prices are prompting the move. The sources, who spoke to Indian media on condition of anonymity, indicate that the proceeds of the sale would be used towards debt […]

Reps from Alpart’s Buyer JISCO to Meet with Jamaican PM Next Month

Jamaican officials will be hosting officials from the People’s Republic of China’s Jiuquan Iron & Steel (JISCO) next month. JISCO is the incoming owner of Alumina Partners of Jamaica (Alpart) after purchasing it from UC Rusal for US$300 million last month. A press release from the Jamaican Prime Minister The Most Honourable Andrew Holness explained […]

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 […]