Alcoa to sell Jamaican mining interest

Jun 16, 2014 | 04:43 PM | Nathan Laliberte

Tags  Alcoa, Jamaica assets, Clarendon Alumina Production, Jamalco, divestment, sale, Alcoa Minerals of Jamaica, AMJ Nathan Laliberte

NEW YORK — Alcoa Inc. has signed a nonbinding letter of intent with Noble Resources UK Ltd. to pursue a sale of its stake in Alcoa Minerals of Jamaica LLC (AMJ).

AMJ operates the Jamalco bauxite mining and alumina refining joint venture. Jamalco is 55-percent owned by AMJ and 45-percent owned by Clarendon Alumina Production Ltd.....

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