The company that holds the Jamalco alumina refinery is being transferred to an undisclosed third party, as part of an emerging deal.

The refinery is majority owned by Noble Group Holding Limited, NGHL, which is based in Hong Kong.

“NGHL has announced that it has entered into a call option deed to transfer its entire ownership of General Alumina Holdings Limited (GAH), through which NGHL holds its 55 per cent stake in Jamalco, to a third party,” Noble said in a press release.