Latin America

Norsk Hydro Inks Agreement to Pursue Use of LNG at Brazil’s Alunorte Refinery

Norsk Hydro Inks Agreement to Pursue Use of LNG at Brazil’s Alunorte Refinery

Norsk Hydro and the Brazilian state of Pará have entered into a Letter of Intent, and Hydro and Shell Brasil Petróleo LTDA have signed a Memorandum of Understanding, both of which are aimed at transitioning the fuel supply for the Alunorte aluminium...

Events

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, was completed successfully with all required conditions fulfilled as specified by the previously […]

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 […]