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Alpart Alumina Plant to reopen December 2016, Paulwell makes announcement

Published:Monday | December 22, 2014 | 11:29 AM

Neville Grahamn, Business Writer



KINGSTON, Jamaica:

The long shuttered Alpart Alumina Plant in St Elizabeth should reopen by December 1, 2016.




The plant, which is operated by Russian company, UC Rusal, has been closed for the last five years reportedly due to the low market price for the product and high production costs.



The government had threatened to withdraw UC Rusal's mining rights if the plant was not reopened.



However, speaking at a press conference a short while ago at Jamaica House, Mining Minister Phillip Paulwell said a deal was hammered out between Russian interests and Jamaican authorities this morning.



Meanwhile, over the next 18 months beginning January 2015, two million crude wet tonnes of raw bauxite will be mined in the Alpart feeding area and shipped to Russia as part of some of the landmark indicators for the reopening of the alumina plant.



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