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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On 26 th October’20, Jamaican Bauxite mining company, Jamalco mobilised work crews and equipment to remove a train that derailed between the communities of Rymesbury and Gravel Hill in Clarendon amid the recent heavy rains. On the crash site late Monday afternoon, Jamalco representatives were...
Rusal released its operating results for the third quarter of 2020 on October 27, 2020, revealing that its bauxite production decreased by 1.6 per cent quarter-on-quarter to amount to 3.829 million tonnes. In Q2, the company’s bauxite output was 3.89 million tonnes, increasing by 8.8 per cent...
Robert Montague, minister of transport and mining of Jamaica, said that mining communities across the island would be able to benefit from more than $60 million allocated under the Bauxite Community Development Programme (BCDP). Speaking at the launch of Phase Seven of the programme on October 13,...
Noranda Jamaica Bauxite Partners II (Noranda Bauxite) plants 2,020 trees to observe Jamaica’s National Tree Planting Day on 2 nd October. Noranda Bauxite’s participation in this event is indicative of the longstanding partnership that exists between agriculture and mining in St. Ann, Jamaica. Most...
New Day Aluminum Holdings, and its parent company, DADA Holdings, are in discussions with several potential global partners on various strategic initiatives to materially expand its capabilities and further secure the long term sustainability of Noranda Alumina, its Louisiana-based alumina...
According to the latest USGS data on the United States alumina imports in Q2 2020, the volume grew quarter-on-quarter from 357,000 tonnes to 361,000 tonnes, up by 1.12 per cent. But on a year-on-year basis, the imports dropped by nearly 1 per cent from 364,000 tonnes. In the entire first half of...
According to the latest data shown by the US Geological Survey on crude and dried bauxite imports, the United States in Q2 2020 imported 834,000 tonnes, up by 8 per cent from 775,000 tonnes in the first quarter of the year. But when compared to Q2 2019, the United States' bauxite imports stood 24...
According to the IMF, Jamaica's GDP grew 1% in 2019, against 1.9% in 2018. According to the updated IMF forecasts from 14th April 2020, due to the outbreak of the COVID-19, GDP growth is expected to fall to -5.6% in 2020 and pick up to 3.5% in 2021, subject to the post-pandemic global economic...
Clarendon Alumina Production Limited, CAP, has repaid all its outstanding debt to the alumina partner Noble Group, amounting to US$135.7 million. The Jamaican Government indicated last month that it planned to repay the funds, but gave no precise timeline. However, in a notice to shareholders this...
According to a recent report, Co-owner of Jamalco alumina refinery, Clarendon Alumina Production Limited (CAP), will pay off a large portion of its debt. This will improve its overall equity position in the lay up to the refinery’s planned listing on the stock exchange. The company will secure the...
The Noble Group has formed a treaty with the Jamaican Government to reorganise the assets and operations of alumina refinery Jamalco into a holding company that will raise equity capital on the stock market. The unnamed company is expected to list on the Jamaica Stock Exchange, JSE. Noble Group...
A team of top executives from United Way of Jamaica (UWJ), a charitable organisation, recently paid a visit to St Ann to join forces with Noranda Bauxite for distributing food and care packages to several institutions and individuals. Noranda is associated with United Way Jamaica for the past 35...
According to the data shown by the US Geological Survey on bauxite and alumina imports in the first quarter of 2020, the United States imported 775,000 tonnes of crude and dried bauxite, down by 22.5 per cent from 1 million tonnes of imports in the fourth quarter of 2019. However, when compared to...
The Government of Jamaica is to draw out just over half a billion dollars from the Capital Development Fund (CDF) to deliver budgetary aid to the Jamaica Bauxite Institute (JBI) and the bauxite community development programme this fiscal year. An order, under the Bauxite (Production) Levy Act,...
The Jamaican Minister of Transport and Mining Robert Montague stated that his ministry has been given the go-ahead to use vesting powers to assist long-suffering families on bauxite lands to receive titles for the properties. Montague, opening the 2020/21 annual sectoral debate in the House of...
Michael Stewart, Member of Parliament for Manchester Southern says: “Jamaicans should take stock of the costs and benefits of the bauxite/alumina industry,” following more bitter complaints about its negative effects. The residents of Rose Hill on the Manchester Plateau, at the heart of Stewart's...
The COVID19 impacts have brought in a lot of changes in planning, strategizing, and executions for the aluminium companies. Such was our observation over more than a week, from April 11 to April 24. While decline in European car sales by about 52 per cent in March, attributing to the lockdowns...
On 10 th April’20 Fitch Ratings, the leading provider of credit ratings, headquartered in the USA, revised down its sovereign long-term foreign currency rating on Jamaica to stable from positive citing the expected negative shocks of its exports of bauxite, alumina, and remittances due to the...
