Guinea’s President Receives a Rusal Delegation Led by Russia’s Ambassador, With No Figures Announced
Guinea's president received a Rusal delegation led by Russia's ambassador in Conakry. The talks covered local processing of minerals, and no investment figures were announced. The post Guinea’s President Receives a Rusal Delegation Led by Russia’s Ambassador, With No Figures Announced appeared first on The Rio Times .
In a presidential audience held at the Palais Mohammed V in Conakry, Guinea's President Mamadi Doumbouya received a delegation from Russian aluminium producer Rusal, led by the Russian ambassador to Guinea, Alexey Popov. The delegation's purpose was to discuss local processing of Guinean minerals, specifically the transformation of bauxite into alumina and aluminium within the country.
Rusal's existing activities in Guinea are focused on bauxite and alumina extraction. Doumbouya emphasized the strategic importance of local processing, describing it as essential and irreversible. However, neither party disclosed any specific investment figures, projects, or timelines. This meeting can be seen as a diplomatic exercise rather than a concrete investment commitment.
Guinea has been actively promoting domestic refining for several years, with three alumina refineries currently under construction, including one at Boffa that was agreed in May 2026 with the Chinese producer Chalco. The total value of these projects is estimated at approximately US$1.68 billion. In addition to these alumina refineries, one gold refinery is either complete or close to completion.
Overall, the meeting signifies Guinea's commitment to local processing, but the actual realization of any Rusal investment remains uncertain at this stage.
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