Workers At Jamaica’s New Day Bauxite Plant Stage Four-Hour Work Stoppage To Protest Lack Of Labor Contract
The lack of a labor contract prompted a four-hour work stoppage at the New Day Aluminum (Jamaica) Limited’s bauxite plant...
New Day Aluminum
Century Inks Alumina Supply Contract With Noranda
In the wake of news that the world’s largest alumina refinery is facing imminent closure, American aluminium smelter Century Aluminum announced a deal with Noranda Alumina for supplies of the aluminium precursor from the company’s Louisiana plant. The companies said in a...
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...
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...
Events
Noranda Bauxite, Noranda Alumina Names Executive Team
DADA Holdings LLC announced the executive leadership team of Noranda Bauxite and Noranda Alumina, the companies that operate bauxite mining and alumina refining plants in Jamaica. The press release published on Tuesday indicated that David D’Addario had been named Chairman and CEO of both New Day Aluminium and DADA Holdings, Thomas Robb was named Chief […]
Noranda Alumina to Fuel Century Aluminum’s Kentucky Smelters
Century Aluminum and Noranda Alumina have come to an agreement over the sale of Jamaican bauxite. The deal was announced by Noranda on Wednesday, according to Jamaican media. The contract has Noranda supplying Century with essentially all the high-grade bauxite the latter shall require for its smelters in Hawesville and Sebree, Kentucky. No dates were […]
“Seamless” Transfer of Ownership of Jamaican Bauxite Operations to New Day: Jamaican Minister of Finance
Jamaica’s Minister of Finance and the Public Service Audley Shaw told an audience on Sunday that the transfer of ownership of the bauxite operation in St. Ann Parish was conducted in a “seamless” manner. The bauxite operation in Jamaica became the property of New Day Aluminum last month after it submitted the winning bid at […]
Jamaica’s Mining Minister Says Partnership for Noranda Plant Must Come Soon
Jamaica’s Minister of Transport and Mining Mike Henry informed the Jamaican House of Representatives last week that the government must establish a new partnership for operating Noranda’s facilities on the island by today or risk losing funding from creditors. “The government is not hastening to conclude an agreement with New Day Aluminium,” Henry told the […]
New Day Aluminum Acquires Noranda’s Upstream Assets for US$24.43 MM
Noranda Aluminum’s remaining upstream assets are now the property of New Day Aluminum after having submitted the winning bid at the court-sanctioned bankruptcy auction on Tuesday. Court filings indicate that their bid bested the offer submitted by ARG International AG. New Day was the designated stalking-horse bidder at auction, beating out ARG, which is the […]
Zhongwang Fake Semis Prosecution May Slam The Door On Key Routes For U.S. Import Duty Avoidance
The global aluminium market has been watching the trials and travails of Chinese behemoth Zhongwang with intense interest for the past few weeks after the company and its founder Liu Zhongtian were brought up on criminal charges by the United States federal ...
Aluminium Prices Under Double Pressure: Trade Wars and Chinese Exports
Base metals prices tumbled to their lowest in several weeks at the start of August, after U.S. President Donald Trump ...
Dirty Metal – China’s Troublesome Tether Between Coal And Aluminium
The year 2019 has been a red-letter year for the aluminium sector in the People’s Republic of China. Despite trade ...
Is Rio Tinto’s ISAL smelter a bargain or a smart investment?
At least three companies (including Swiss commodity trader Glencore and German Trimet Aluminium) have expressed interest in buying Rio Tinto’s ...
