Based in Florida, David D’Addario is an experienced executive within the metals and recycling industry who guides a number of companies, including New Day Aluminum, LLC, and its Noranda Bauxite and Alumina subsidiary. As reported in Metal Bulletin, David D’Addario participated in the publication’s 24th annual Bauxite and Alumina conference in Jamaica.
In addition to D’Addario, Jamaica’s Science, Energy, and Technology Minister Andrew Wheatley spoke before attendees. Mr. Wheatley said that the country’s bauxite and alumina sector has a bright future and is poised for growth. He expressed optimism about prospects for investors.
Mr. Wheatley said that the industry demonstrates significant potential for growth, as alumina benchmark prices have increased and are expected to continue to rise due to strong global demand.
In addition, Mr. Wheatley said that the country’s economic reform program has led to a stable macro environment. As a result, inflation, foreign exchange reserves, and the debt ratio are on the right track.
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