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When and how did Alcoa obtain bauxite mining rights in the region?

April 26, 2017Alcoa bauxite mining obtain region Rights

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When and how did Alcoa obtain bauxite mining rights in the region?

2 Answers

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Alcoa obtained the right to mine bauxite in the Juruti region when it purchased Reynolds Metals Company (RMC) in 1999 that, in the 1980s and 1990s, had already carried out the first research to establish the potential of the deposits. The potential of ore reserves in Pará has been known for many years.

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Alcoa obtained the right to mine bauxite in the Juruti region when it took over Reynolds Metals Company (RMC) in 1999, which had already carried out the first surveys in the 1980s and 1990s to check the potential of the deposits. The potential of the ore reserves in Pará has been known about for many years.