Content about Economy of Jamaica

June 25, 2010

With the world economy showing signs of recovery in the first quarter of 2010 there are indications that the global aluminium industry is beginning to rebound. However, recovery of the Jamaican industry will lag behind world trends as the alumina plants are high-cost by global standards and so are not likely to come on stream until the global economic recovery strengthens. Hence,turnaround in the medium to long-term will depend substantially on the industry switching from oil to cheaper energy sources like coal or liquid natural gas (LNG) while achieving other operational efficiencies.