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Article

24 Mar 2008

Author:
Devon Maylie, Wall Street Journal

Alcoa Invests Near Planned Mines [Brazil]

[access to full article requires paid subscription] Juruti, Brazil: The global commodities boom has spurred Alcoa Inc. to spend more than $35 million to bring a hospital, water system and technical skills to this remote jungle town…Humanitarian efforts stemming from the…aluminum company's Juruti investment marks a shift in the balance of power between Western mineral companies and residents of resource-rich countries…On the local level, the shift gives locals greater say. At the same time, protesters are becoming more sophisticated and globally linked with the help of the Internet and internationally organized nongovernmental groups…"Some groups oppose the project, so that is why we have the integration project with the community," said Brício de V.S. Lima, community superintendent at Alcoa's Juruti operation. Alcoa has faced accusations from local land groups that its work has polluted local water. Alcoa disputes the accusation…"Management challenges are water conservation, preservation and land management," said José Mauricio Macedo, sustainability and corporate-affairs manager for the project. [also refers to Companhia Vale do Rio Doce, Monterrico Metals (part of Zijin Mining Group), J.P. Morgan Chase]