It was reported that the Jamalco refinery in Jamaica has been shut down indefinitely due to a large fire that broke out in the afternoon on August 22. Affected by the news, alumina prices hiked to a six-month high.
Jamalco is jointly held by Noble Group’s subsidiary General Alumina Jamaica and Jamaican state-owned Clarendon Alumina Production, with 55% and 45% of the shares, respectively.
Jamalco refinery’s powerhouse was seriously damaged by the major fire. Jamalco said it will conduct a full assessment of the damage and loss in the next few days, and it will take some time to resume operations at the refinery.
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