Saturday, July 12, 2014

Paulwell puts UC Rusal on notice

Mining Minister Phillip Paulwell has announced that the Jamaican Government is taking steps to ensure that UC Rusal, the Russian aluminium company, does not continue to “hold Jamaica at ransom” over the reopening of the Kirkvine and Alpart alumina refineries.   
Mr Paulwell told the Jamaican House of Representatives on Tuesday that, with new developments in the global bauxite sector, Jamaica needs to make decisions in its best interest to get the plants up and running again.

Accordingly, he said that the government had placed UC Rusal on notice, by letter dated July 1, “that it is my intention to revoke the special mining leases, in respect of the Alpart and Kirkvine refineries, in the event that bona fide mining operations do not commence within six months.”

The two plants have been closed since 2009.


View the original article here



Paulwell puts UC Rusal on notice