Jamaican Government Collects US$2 Billion In Bauxite Levy Payments In Late 2021
Jamaica’s finance minister Nigel Clarke said last week that the country’s levy on extracted bauxite brought in US$2 billion in...
Jamaica bauxite
JAMALCO To Return To Full Production By September: Jamaica Finance Minister Clarke
Construction plans at JAMALCO is proceeding as scheduled according to Jamaica’s Minister of Finance Nigel Clarke. The Finance Minister confirmed the progress at the damaged bauxite and alumina plant to the country’s House of Representatives earlier this week. Clarke told Opposition spokesperson...
Noranda Opens New Reservoir To Aid Fight Against Bauxite Dust In Jamaica
Jamaican bauxite producer Noranda Jamaica Bauxite Partners recently completed a reservoir in St. Ann dedicated to combating the ever-present bauxite...
Noranda Granted Bauxite Mining Rights Over 1,300 hectares In Jamaica Despite Protests
Earlier this week the Jamaican government authorized mining of over 1,300 hectares of land in St. Ann for Noranda Bauxite...
Events
JAMALCO Planning IPO Of Jamaican Government’s 45 Percent Ownership
Jamaican bauxite mining and alumina refining firm JAMALCO could soon be launching an initial public offering (IPO) with the listing of the Jamaican government’s 45-percent share of the company on the open market. Minister of Finance and the Public Service Nigel Clarke told the Jamaican House of Representatives on Tuesday that an IPO is part […]
Jamaican Government Promises Increase In Return Of Bauxite Lands To Former Owners
The Jamaican government said last week it will take steps to hasten the retitling of land previously used for bauxite mining activities to those who were relocated from the land. On Wednesday, Jamaica’s Minister of Transport and Mining Robert Montague said that it would utilize the Bauxite and Alumina Industries (Special Provisions) Act to speed […]
Jamaica’s PM Fights Back Against Allegations That Permit For Bauxite Mine At St. Ann Was Motivated By Money
Jamaica’s Prime Minister Andrew Holness said last week that money played no part in his government’s issuance of a license to mine bauxite ore at Puerto Bueno Mountain in St. Ann. Critics say mining at the site may well threaten the area that activists say is biologically sensitive. The license, which was granted to Bengal […]
Jamaican Parliament Mulling Reintroduction Of Bauxite Levy
A Jamaican member of parliament has requested that the body consider re-instituting the levy on bauxite mining operations due to the damage done to areas around mining operations over the years. Manchester Southern Member of Parliament Michael Stewart submitted the resolution earlier this week to the Economy and Production Committee of Jamaica’s House of Representatives, […]
Noranda Jamaica Shipped 3.8 Million WMT Of Bauxite From St. Ann In 2019
Noranda Bauxite shipped an estimated 3.8 million wet metric tons from its bauxite operation at St. Ann, Jamaica last year, and it expects to be able to continue to ship similarly-sized amounts well into the next decade. In 2019 New Day Aluminum provided bauxite ore not only to foreign buyers, but also to Noranda Alumina’s […]
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 ...
