Latin America

Jamaican Businessman Touts Revival of Alpart’s Bauxite Operations as Blueprint for Local Investment

Jamaican Businessman Touts Revival of Alpart’s Bauxite Operations as Blueprint for Local Investment

Jamaica’s government should consider tax incentives for locals seeking to invest in domestic enterprises. Such was the advice offered by prominent St. Elizabeth businessman Dr. Lynden Rose when speaking at a recent forum. “We need to look at investments, and when I...

Events

EGA Among Four New Members of The Aluminum Association

The Aluminum Association announced the addition of four new members last Friday. It now counts Almexa Alumino, Emirates Global Aluminium, Linde LLC, and Material Sciences Corporation among its numbers. Almexa Alumino joins the Association as a producer member. The company is based in Cuautitlan, Mexico and operates three plants that produce aluminium plate, sheet, and […]

Trinidad & Tobago Planning Downstream Aluminium Plant

Trinidad and Tobago’s Finance Minister Colm Imbert told his country’s Senate that, while it is no longer pursuing the building of a smelter on the island, the government is still actively working towards launching a plant to produce value-added aluminium products. Imbert advised the assembled senators of meetings being held between the government and Alutech […]

Bauxite Levy In Place for Upcoming Fiscal Year: Ministry of Finance

Jamaica’s Ministry of Finance laid to rest concerns regarding the government’s bauxite levy last week when it addressed Auditor General Pamela Monroe Ellis’s concerns regarding the levy’s status in the upcoming fiscal year. Ellis raised the question after the Fiscal Policy Paper for 2017-18 described a change in the structure from the current levy to […]

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 place. He estimated that the levy of US$1.50 per metric ton plus a […]