Jamaica Next to Feel Repercussions of U.S. Sanctions on Rusal
Ripples from the United States government’s sanctions on Rusal continue to radiate out from Moscow, reaching businesses across Europe and...
Jamaica
Sanctions on Rusal Leading to Salary Shortages for Windalco Workers
The sanctions levied against U.C. Rusal by the United States Treasury Department last month are starting to hit home with the rank-and-file workers at the company’s several plants around the world. According to sources who spoke with Bloomberg, Rusal has been unable...
High Prices, Scarcity, and Uncertainty Bedevil the Global Alumina Market Thanks to U.S. Sanctions on Rusal
Much of the focus of attention in the aluminium world regarding the fallout from United States government sanctions against Rusal...
JISCO’s Alpart Refinery Ships First Alumina Since 2009
Jiuquan Iron and Steel Company (JISCO) Limited shipped the first load of alumina from its newly-opened operations at Jamaica’s Alpart...
Events
Jamaican Government Searching for Bauxite Mining Land to Replace Tracts Lost by Noranda in Preserve Expansion
Jamaica’s government is currently in search of land upon which Noranda Jamaica may conduct mining operations to replace protected land that is no longer available for such purposes. The search was necessitated by the recent expansion of Cockpit Country, which is a natural preserve in Trelawny Parish in the country’s middle western reaches. Noranda holds […]
Jamaican Bauxite Firms to Issue 355 Land Titles to Relocated Owners by Year’s End: Mines Ministry
Jamaica’s Transport and Mining Minister Mike Henry said earlier this week that bauxite and alumina companies operating on the island have issued almost all of the 355 land titles to individuals displaced by bauxite mining activities that were scheduled to be issued in 2017. According to Henry, Windalco, Jamalco, Alpart, and Noranda Jamaica Bauxite Partners […]
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 say investment, I mean big investment,” he opined. Rose was addressing the Gleaner […]
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 Audley Shaw. In remarks made at a town hall in St. Ann, Shaw revealed that the firm is planning to construct its second plant, which is expected to turn out two thousand metric tons of […]
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 […]
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 ...
