US imports of bauxite declined to 644,000 tonnes in Q1 2026, down 15.8 per cent from 765,000 tonnes in Q3 2024. The decline reflects longer-term pressure on the US primary aluminium and alumina industries, including reduced refining capacity and weaker demand for imported raw materials. Trade...
Jamaica’s bauxite and alumina export earnings are expected to improve in 2026, even though the first quarter was weak. The government expects production to rise as repairs continue after Hurricane Melissa, and the aluminium industry is watching closely because bauxite is the raw material used to...
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Preliminary data from the Port Authority of Jamaica (PAJ) showed that exports of alumina leaving ports Rocky Point, which is operated by Jamalco, and Esquivel (Windalco) totalled 490,000 tonnes during the review period, compared to 475,000 tonnes during the first three months in 2011. Windalco...
Noranda Aluminum Holding Co (NOR.N) said first-quarter profit fell, hurt by lower aluminum prices and a drop in sales. Persisting global macro-economic concerns, particularly the European sovereign-debt crisis and fears of slowing economic growth in China, have dampened aluminum prices, the...
Labour Minister, Derrick Kellier has referred the dispute between Noranda Bauxite Limited and the University and Allied Workers’ Union (UAWU) to the Industrial Disputes Tribunal for resolution. The referral follows a breakdown in conciliation talks which went on for hours at the labour ministry...
There are signs that there could be disruptions at the Noranda Bauxite Company in St. Ann as workers are restive. The more than 200 workers represented by the University and Allied Workers Union (UAWU), are upset at a decision of the management to make changes to the company’s incentive scheme....
The Jamaica government says it is still interested in divesting its shares in Clarendon Alumina Partners (CAP). Science, Technology, Energy and Mining Minister Phillip Paulwell said all options will be considered for the sale of the government’s 45 per cent stake in Jamalco, which it owns through...
Century Aluminum Limited, former owner of St Ann Bauxite Company which sold out its local operations during the bauxite downturn, says it is mulling re-entering the local alumina sector under partnership to set up a 1.5-million tonne alumina plant. The investment would signal a further rebound of...
According to Reuters, the world’s largest producer of aluminum producer, Alcoa Inc. (AA) is targeting to hike the prices by 5% for certain coil and flat sheet products. The increased price would be charged for new orders from March 1, 2012. The price hike would encompass the products like 2xxx and...
FORMER head of the Urban Development Corporation, Dr Vincent 'Vin' Lawrence has been appointed chairman of the nine-member board of Clarendon Alumina Production (CAP) Limited. His appointment was one of dozens announced by the Office of the Prime Minister yesterday. Overall, members of 25 boards...
Chief Executive Officer of the West Indies Alumina Company (WINDALCO) Leonid Stavitski is to reappear in the Spanish Town Resident Magistrate's Court on April 3, to answer to alleged environmental breaches by the company. When he appeared in court today, the Crown said it was yet to receive a...
UC RUSAL's total attributable bauxite output was 13,473 thousand tonnes in 2011 as compared to 11,798 thousand tonnes in 2010. Output in the Q4 of 2011 decreased to 3,288 thousand tonnes or by 8% as compared to the Q3 of 2011 but increased by 6% as compared to that of the fourth quarter of 2010....
Noranda Aluminum Holding Co posted fourth-quarter results below analysts' estimates, hurt by lower realized prices for aluminium, but the company raised its quarterly dividend by a cent. Noranda, which started paying dividend last November, raised its quarterly dividend to 4 cents per share. The...
The continued operation of all four alumina plants in Jamaica, including even the most efficient, CAW, depends on the industry having a long-term source of competitive energy, as well as resolving certain bauxite-reserve issues. Two actions are necessary to achieve these objectives: Substituting...
THE GOVERNMENT has confirmed reports that bauxite mining firm, UC Rusal, has been taking some of its equipment out of the island and sending it to Guyana. However, Phillip Paulwell, the minister of science, technology, energy and mining, told the House of Representatives yesterday that the...
The government says it is not aware of any plans by alumina company, UC Rusal to close its Ewarton operations in St. Catherine. Last week Opposition Spokesman on mining, J.C Hutchinson, called for the mining minister, Phillip Paulwell to investigate reports that UC Rusal was moving heavy equipment...
Fitch Ratings has affirmed Clarendon Alumina Production Limited's (CAP) foreign and local currency Issuer Default Ratings (IDRs) at 'B-'. The Rating Outlook is Stable. Fitch has also affirmed CAP's USD200 million 8.5% unsecured notes due November 2021 at 'B-/RR4'. The notes continue to be supported...
The National Workers Union (NWU) is expected to submit a proposal by Friday to the management of WINDALCO, as it seeks to resolve the current impasse between the company and its pensioners. Scores of pensioners protested outside the Ewarton plant in St. Catherine this morning over the suspension of...
Minister of Science, Technology, Energy and Mining, Hon. Phillip Paulwell, says the government is committed to revitalising the local bauxite/alumina industry, which has been ailing for some time. “This sector is very important to us as a nation, not only for the revenue that it can bring, but in...
PRESIDENT of the National Workers Union (NWU) Vincent Morrison has expressed outrage at what he said is a decision by aluminium giant UC Rusal to remove 900 pensioners of West Indies Alumina Company (WINDALCO) from a medical scheme for retirees. According to Morrison, the former employees have been...
