14 SEPTEMBER 2024AlCircle.com
Jamaica sees 27% boost in minerals export revenues, driven by alumina
Edited by : AL CIRCLE
1 min read
According to the Statistical Institute of Jamaica, the Caribbean Island nation's mineral export earnings surged by 27% during the first four months of the year, driven primarily by increased alumina exports.
From January to April, the island's Mining and Quarrying sector earned US$206.5 million in export revenue.
Alumina exports played a key role in this growth, reaching US$183.9 million, a 40 per cent rise from the US$131.4 million earned in the same period last year.
However, the sector did face a slight setback with bauxite exports, which fell by 5.6 per cent to US$20.6 million, providing a balanced view of the sector's performance.
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