CAPITAL MARKETS

Alcan in talks to sell Jamaican operations

MONTREAL-based Alcan Aluminium has announced plans to sell its Jamaican bauxite and alumina operations as part of a US$400 million asset disposal program following its acquisition of Swiss aluminium maker Algroup.

Greg Tubby

The world's second largest aluminium producer said the Jamaican assets put on the block include two smelters with a combined capacity of 1.2 million tonnes per annum plus related bauxite reserves and active...

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