Jamaica Bauxite Mining Limited to Explore Redevelopment of Ocho Rios Port

The Jamaica Bauxite Mining Limited (JBM) plans to explore the redevelopment of the Ocho Rios Port in St. Ann in partnership with the Port Authority of Jamaica.

The objective is to rebuild the port into a multipurpose facility that will allow for continued loading and shipping of limestone and sugar, attract additional and larger cruise ships, and receive and distribute hardware products.

As stated in the 2019/20 Public Bodies Estimates of Revenue and Expenditure, the project is part of activities by the JBM to ensure that its investments are maintained and to identify other revenue streams.

In addition, the entity will continue working with potential investors to explore the former Reynolds operations, with a view to resuming mining in those areas; and facilitate the development of an old bauxite storage building at Lydford.

The document noted that the JBM will continue to contribute to the preservation of the environment by collaborating with its partners, observing responsible mining practices as well as facilitating speedy restoration of mined-out lands.

In addition, the JBM will be promoting the preparation and implementation of disaster plans.

The JBM was incorporated on February 13, 1975 as a limited liability company under the laws of Jamaica.

The entity’s main activities, which are non-bauxite, are concentrated at the Lydford Estate in St. Ann. This includes operation of the Ocho Rios Port for the shipment of sugar and limestone, and the servicing of cruise vessels as well as the management of the Reynolds Pier and the rental of properties.

Net profit of $99.23 million (2018/19 – $236.97 million) is projected for the financial year.