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...
Alumina Partners of Jamaica
Jamaica’s Bauxite Levy Continues to Fund Capital Development: Finance Minister
In response to an opposition leader’s declaration that the country’s bauxite levy is “dead Act just waiting for burial,” Jamaica’s Minister of Finance and the Public Service Audley Shaw assured representatives on Tuesday that the levy is still in place and will...
Jamaican Pols Voice Their Optimism Over Alpart’s Restart Next Month
Telling onlookers of his satisfaction with the prospect of the Alumina Partners of Jamaica plant’s resumption of full production at...
Alpart Plans New Alumina Refinery for Jamaica
Alumina Partners of Jamaica (Alpart) is preparing to build another alumina refinery on the island according to Jamaican Finance Minister...
Events
Jisco Formally Takes Charge of Alpart
The official hand-off of Alumina Partners of Jamaica (Alpart) to the People’s Republic of China’s Jiuquan Iron & Steel (Group) Co Ltd (JISCO) occurred last Thursday according to local media. Jisco is reportedly planning to begin production at the plant in Nain, St Elizabeth Parish within the next six months. Formerly owned by Russian Federation […]
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 […]
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 […]
JISCO Acquires Alpart from Rusal for US$299 MM
Russian aluminium major UC Rusal announced yesterday that it has agreed to sell Alumina Partners of Jamaica (Alpart) to Jiuquan Iron & Steel (Group) Co. Ltd. (‘JISCO’) of China. According to the press release, Rusal will be receiving US$300 million for Alpart, and that the sale is part of Rusal’s efforts to improve the firm’s […]
Jamaica’s Alpart Operation to Reopen Within Months: Mining Minister
According to Jamaica’s Minister of Transport and Mining Michael Henry, authorities expect to reopen the Alpart bauxite mine and alumina refinery in Nain, St Elizabeth, in the present fiscal year, which runs from April 1, 2016 through March 31, 2017. Henry made the disclosure while speaking to Jamaica’s House of Representatives last week. The Alpart […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
