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Jamaica has excellent prospects in the non-metallic
mineral sector, which offer several lucrative
opportunities in trade and investments. Jamaica
is noted for its bauxite both in its crude form
and that converted to alumina. However, a large
and significant concentration of high purity
limestone reserves, marble, riverstone, gypsum
and anhydrite deposits are complimented by numerous
mineral springs across the island. Suitable
clays are also readily available in Jamaica
to produce commercial quantities of fine ceramics
and building components. Economic quantities
of gold are also present in central Jamaica
in the parish of Clarendon. Mining began in
early 2000 and since March 2001, over 1,000
ounces of this precious metal has been exported.
There are some major advantages to be gained
from activities in this sector:
- the accessibility of mineral resources through
surface mining;
- the strategic location to the large export
markets of the world;
- trade being facilitated through multilateral
and bilateral agreements.
The chemical sector in Jamaica is mainly distributive
in nature, with a few manufacturers of bulk
industrial chemicals, e.g. sulphuric acid, acetylene,
sodium chloride, etc.
The tropical marine climate of Jamaica coupled
with strong ocean currents and consistent wind
pattern in various areas of Jamaica, make the
exploitation of alternate sources of energy
a realistic goal and prime investment opportunity.
Areas being exploited include wind, solar, hydro-power
and biomass, amongst others.
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