Russian firm Rusal plans 5 million-tonne bauxite project in Ghana
By Ashiadey Dotse Russian aluminium producer Rusal is planning to establish a joint venture in Ghana to mine and process bauxite within the country. The proposed partnership is expected to focus on extracting bauxite, the raw material used in the production of aluminium, and processing it locally. The company is targeting an annual production of […]
Russian aluminium giant Rusal is set to launch a joint venture in Ghana aimed at mining and processing the West African nation's abundant bauxite reserves. The ambitious project, which seeks to produce five million metric tonnes of bauxite annually, would boast a processing capacity of 1.2 million tonnes. According to Russia's state news agency RIA, these figures would mark historic records for Ghana's bauxite and aluminium production, potentially elevating Ghana's status to an upper-middle tier global operation.
Despite falling short of the massive scale typically seen in mega-mines worldwide, the projected output would still be highly efficient, with roughly 2.5 to 4 tonnes of bauxite required to produce 1 tonne of alumina. Rusal's CEO, Evgeny Nikitin, revealed these plans after signing a memorandum of understanding with Ghana's state agency for aluminium industry development, GIADEC.
The agreement was inked during a Russia-Africa Economic and Humanitarian Forum in Moscow. Rusal, the world's largest aluminium producer outside China, already has significant operations in Guinea. The proposed Ghana project is part of broader efforts to bolster the country's aluminium industry by mining and processing bauxite locally, ultimately establishing a fully integrated bauxite-to-aluminium value chain.
Written by urgent.news from GBC Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
