Alcoa to go for production cut, layoffs in the bauxite sector of Suriname

Desi Bouterse, the President of Suriname says Aluminum Company of America, (ALCOA) has plans of cutting down their production at Suralco that would result in lay off 1,000 workers which includes 800 contractors.

Bouterse told Parliament that the issue is of "a national matter of concern for which a joint solution must be found".

Since 1916, Suralco has remained active in Suriname as mining bauxite for feeding Paranam refinery. With a total output of around 2.2 mn metric tons every year, operation of bauxite mining stood as the main earner of Suriname.

Last week, one of the top executives of ALCOA’s office based in Latin America visited Suriname to give out the plans of the company. The company officials said, they would have to cut down the total production to around 360,000 tons annually of refined bauxite in order to maintain their presence in Suriname.

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.