Tue | Oct 17, 2017

Bauxite industry recovering from recession, says Paulwell

Published:Thursday | November 13, 2014 | 12:15 PM
Phillip Paulwell - File
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Tamara Bailey, Gleaner Writer



KINGSTON, Jamaica:

Mining Minister Phillip Paulwell says the government is not giving up on the country's bauxite alumina industry.




He made the declaration while speaking in Mandeville, Manchester at the launch of the Young Entrepreneurship Associations of Jamaica’s National Entrepreneurship Week.



According to him, the bauxite industry is recovering from the global economic recession.



The mining minister says even six years into the downfall of the industry, he has so far received commitments of the emergence of a transformed sector.



In July, Paulwell gave the Russian-owned UC Rusal until New Year's Day 2015 to restart operations at its Alpart and Kirkvine refineries or lose the rights to mine bauxite at the two facilities.



Meanwhile, the Energy Minister reiterated that the Government intends to halt concessions to companies involved in bauxite mining.



According to him, companies relying on Jamaica’s natural resources must pay.



The latest data from the Jamaica Bauxite Institute show that crude bauxite production for September declined by 14 per cent compared to the same month last year.



Bauxite alumina production for September also dropped by nine per cent compared to September last year.



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