Latin America

Rusal Completes US$299 MM Sale of Alpart to JISCO

Rusal Completes US$299 MM Sale of Alpart to JISCO

Russian Federation aluminium giant UC Rusal yesterday announced the completion of the sale of Alumina Partners of Jamaica (Alpart) to Jiuquan Iron & Steel (Group) Co. Ltd. (JISCO). Rusal says the sale, in which Jisco tendered US$299 million for the vertically-integrated plant,...

Events

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 […]

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 (…) […]