The country could hear more details about the future of the Ewarton bauxite plant in St. Catherine within the next two week.
Workers and communities which benefit from the plant have been on edge ever since the energy minister announced that the owners of the plant indicated it would be temporarily shut down for a year beginning in October.
Following that announcement UC Rusal, which owns Ewarton, later denied the claim.
Since then the parties have been having discussions on the future of the plant.
A senior official at the energy ministry says the talks are proceeding and an
announcement is expected to be made soon.
On Sunday, UC Rusal took out a full page advertisement highlighting its commitment to the bauxite and alumina industry.
The company said despite the current economic volatility, it believes the aluminium industry has strong fundamentals for long-term growth.
UC Rusal says it considers Jamaica an important reserve base and as such it will continue to invest in its operations in the country.