Latin America

Hydro Granted Federal Permission To Operate Pump At Alunorte Disposal Pond, Averting Plant’s Closure

Hydro Granted Federal Permission To Operate Pump At Alunorte Disposal Pond, Averting Plant’s Closure

Mere days after Norsk Hydro’s announcement of the closure of its Alunorte alumina refinery, the Brazilian federal government granted the plant the authorization to operate the machinery necessary to utilize its only available bauxite residue area. On Friday the Brazilian Institute of...

Events

Brazil Continues Talks for Permanent Exemption to Trump Aluminium Tariff

Brazilian president Michel Temer said earlier this week that talks with representatives of the United States government regarding exemptions for his country’s aluminium and steel producers are currently underway. Temer noted to local press on Tuesday that the two countries had strong economic incentives to find an agreement, pointing out the US$51 billion in bilateral […]

First Bauxite Lands US$10 MM Financing for Bauxite Project in Guyana

Canadian mining firm First Bauxite Corporation (FBX) announced on Friday the successful negotiation of a second bridge-loan facility of up to US$10 million and the recent commencement of construction on the firm’s Bonasika Bauxite Project. Per the firm, the bridge-loan facility will be paid out in four tranches – a US$2 million disbursement available immediately, […]

Jamaican Government Plans Merger of Clarendon Alumina and Jamaica Bauxite Mining, With Stock Exchange Listing to Follow

Jamaica’s government announced earlier this week its intention to combine Clarendon Alumina Partners (CAP) and the Jamaica Bauxite Mining Limited, followed by listing the resulting organization on the country’s stock exchange. Jamaican Minister of Transport and Mining Robert Montague told local media that the plan, for which he is currently seeking Cabinet support, would allow […]