Russia’s Rusal plans to mine bauxite in Ghana – RIA
Russian aluminium giant Rusal plans to establish a joint venture in Ghana to mine and process bauxite, the raw material used to produce aluminium, Russia's RIA state news agency reported, citing a memorandum signed on Thursday.
Russian aluminium behemoth Rusal is set to enter into a joint venture with Ghana to mine and process bauxite, a key ingredient in aluminium production, according to a statement from Russia’s RIA news agency. Company officials revealed that Rusal aims to produce 5 million metric tons of bauxite annually in Ghana and process 1.2 million tons each year.
The deal was finalized during the Russia-Africa Economic and Humanitarian Forum in Moscow, seen as a potential boost for Ghana's aluminium sector. Rusal, the world's largest aluminium producer outside China, currently holds significant bauxite mining operations in Guinea, where it manages the CBK company, the Dian-Dian deposit, and the Friguia complex.
The company operates a total of seven bauxite mines globally, including two in Russia. In 2025, Rusal mined 18.453 million metric tons of bauxite, with 88% of its alumina refineries' needs met by captive production.
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