Latin America

Bauxite Levy Alive and Well: Jamaica Mining Minister

Bauxite Levy Alive and Well: Jamaica Mining Minister

Jamaica’s Transport and Mining Minister Mike Henry reaffirmed the existence of the government’s bauxite levy when speaking with a legislative committee last week. Henry explained to the Standing Finance Committee of Jamaica’s House of Representatives that the bauxite levy is still in...

Events

Bauxite and Minerals Sector Primed for Growth: Jamaican Mining Minister

Jamaica’s Transport and Mining Minister Lester “Mike” Henry told reporters on Sunday that his country’s bauxite and minerals sector show a significant potential for growth in the coming months and years. Henry, who was addressing members of his ministry at a weekend retreat, said that a policy shift in the direction of downstream operations profit […]

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 smelter from fuel oil to liquefied natural gas (LNG). The Letter of Intent […]

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 said also that it would not close the refinery’s power source, the Afobaka […]

Abal Sees Lower Aluminium Imports into Brazil This Year As Premiums Climb

Prices and demand for aluminium in Brazil are expected to rise in the coming year according to the experts interviewed by Metal Bulletin. However, the picture for exports of the metal isn’t quite as rosy. Brazil sent almost 300,000 metric tons of unwrought aluminium overseas through November last year, which is 9% higher year-on-year according […]