Who own Alpart Jamaica?
This facility is rated at 1.65 MMTPY and is Jamaica’s Largest Alumina Refinery. Alpart is now 100% owned by China’s Jiuquan Iron & Steel (Jisco) The existing refinery was designed and constructed by Kaiser Aluminum.
Who owns Alpart bauxite in Jamaica?
Jiquan Iron and Steel
Alumina Partners of Jamaica (Alpart), at Nain in St. Elizabeth, was officially handed over to the Chinese company, Jiquan Iron and Steel (JISCO), on November 24, with production set to begin within the next six months.
What produces alpart?
Alpart exports 1.65 million tonnes of alumina overseas per year, and earned gross revenues of US$1.3 billion in 2007.
What is the history of Alpart?
Alpart was founded in 1969 as a joint venture by Kaiser Aluminum, Reynolds Aluminum, and Anaconda. Alpart exports 1.65 million tonnes of alumina overseas per year, and earned gross revenues of US$ 1.3 billion in 2007.
Why did Alpart go out of business?
Other factors include the prevailing low and falling price of alumina on the world market, difficulties sourcing parts for old equipment, and discontinuation of the manufacturing of many of the parts and systems used by Alpart.
When did JISCO buy Alpart?
JISCO acquired Alpart from United Company RUSAL (UC RUSAL) in 2016 for approximately US$299 million. By December 2017 the refinery had shipped its first cargo of alumina under JISCO’s ownership. Initial rehabilitation and upgrades over the years by JISCO are valued at approximately US$300 million.
Who owns the Alpart refinery in Nain?
Minister of Transport and Mining, Hon. Mike Henry (4th right), cuts ribbon to officially reopen the Alpart refinery in Nain, St. Elizabeth, on November 24. Assisting are officials of new owners Jiquan Iron and Steel of China and the previous operators UC Rusal of Russia.