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16 NOVEMBER 2017 AL CIRCLE

JISCO to export alumina from Alpart Refinery for first time

EDITED BY : HEENA IQBAL 1MINS READ

Mike Henry, Minister of Transport and Mining, announced at a JIS Think Tank yesterday that the new owner of Alpart Refinery will export 35,000 tonnes of alumina for the first time on December 5.

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Jiuquan Iron and Steel Company (JISCO) will invest around US$3 billion over a period of three years for upgrading the 1.65-million tonnes per annum plant which it opened in June this year. 

Mike Henry said, “That is an exciting special economic zone development. They are going to build a new plant; they're going to dredge the Kaiser port and intensify the shipments that leave from the port.”

JISCO is also planning to construct a second alumina plant with a capacity of 2 million tonnes per year.

He added: “There's to be an aluminium foil factory, a stainless steel plant, an aluminium sheet plant, a welding rod plant. This should create hundreds of (employment) opportunities.”

Mike Henry stated that the company will construct 230 megawatt LNG power plant at its Alpart refinery at a cost of US$500 million, reported Jamaica Observer.


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EDITED BY : HEENA IQBAL 1MINS READ

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