JAMALCO sold to Noble Resources Limited as ALCOA pulls out – UC Rusal stalling on ALPART and Kirkvine refineries as Xinfa Group Company interested

“To
further optimise the Alumina business, Alcoa signed a non-binding letter of
intent to pursue a sale of its ownership stake in Alcoa Minerals of Jamaica
(AMJ), which operates the Jamalco Bauxite Mining and Alumina refining joint
venture. The above actions are consistent with the Company's goal of lowering
its position on the world aluminum production cost curve to the 38th percentile
and the