• JIS News

    Story Highlights

    • The Government of Jamaica welcomes the decision of the Arbitration Tribunal with respect to the dispute between Noranda Bauxite Company Limited and the Government of Jamaica.
    • The matter relates to a challenge by Noranda to the government’s decision not to extend a concession granted in 2009 under the Bauxite Levy Act and the company’s justification not to pay the full bauxite levy as a result.
    • In its decision, the Tribunal agrees with the Government of Jamaica that it did not surrender its rights to apply the full bauxite levy to Noranda after the concession that was granted expired in December 2014.

    The Government of Jamaica welcomes the decision of the Arbitration Tribunal with respect to the dispute between Noranda Bauxite Company Limited and the Government of Jamaica. The matter relates to a challenge by Noranda to the government’s decision not to extend a concession granted in 2009 under the Bauxite Levy Act and the company’s justification not to pay the full bauxite levy as a result.

    In its decision, the Tribunal agrees with the Government of Jamaica that it did not surrender its rights to apply the full bauxite levy to Noranda after the concession that was granted expired in December 2014.  Government of Jamaica has maintained that Noranda should pay the full levy as of January 2015 as required under the Bauxite Levy Act, which the ruling of the Tribunal has now confirmed.

    The Government of Jamaica has, therefore, won on all points contested and expects a full resolution of this matter in short order.

    The Government of Jamaica was represented at the hearings by the Honourable Phillip Paulwell, Minister of Science, Technology, Energy and Mining, along with other senior technocrats from the government.

    In welcoming the decision, Minister Paulwell reiterated that the people of Jamaica has won a difficult battle, and assures that the Mining Ministry will continue to pursue measures in the best interest of the people of Jamaica and in accordance with sound business practices.