{
  "id": 17065407,
  "title": "Russian aluminium giant Rusal plans to mine bauxite in Ghana",
  "url": "https://urgent.news/2026/10/29/russian-aluminium-giant-rusal-plans-to-mine-bauxite-in-ghana-17065407",
  "topic": "world",
  "section": "World",
  "published": "2026-10-29T13:11:54.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/russian-aluminium-giant-rusal-plans-to-mine-bauxite-in-ghana/"
  },
  "original_language": "en",
  "account": "Russian aluminium conglomerate Rusal is eyeing a potential partnership with a Ghanaian entity to mine and process the essential raw material for aluminium production, reports the country's state news outlet RIA, based on a memorandum signed on October 29, 2026. CEO Evgeny Nikitin disclosed to RIA that Rusal aims to produce 5.0 million metric tons of bauxite annually in Ghana and process 1.2 million metric tons per year. The agreement was inked with Ghana Integrated Aluminium Development Corporation (GIADEC) during a side event of the Russia-Africa Economic and Humanitarian Forum in Moscow. This marks Rusal's inaugural foray into Ghana beyond its existing operations in Guinea. The world's second-largest aluminium producer after China already holds significant bauxite mining stakes in Guinea, where it manages the Compagnie des Bauxites de Kindia (CBK), oversees the Dian-Dian deposit, and runs the Friguia complex. Globally, Rusal operates seven bauxite mines, including two in Russia, and generated 18.453 million metric tons of bauxite in 2025, with 88% of its alumina refineries' needs met through captive production. Rusal's prospective move in Ghana aligns with the country's objectives to augment domestic value addition in its bauxite sector. Nyinahin, located in the Ashanti region, boasts the largest bauxite deposit in Ghana, with an estimated 700 million metric tons, while the Awaso mine in the Western region, the oldest and currently operational site, holds 60 million metric tons of reserves. Ghana is home to about 900 million metric tons of bauxite reserves, making it the seventh-largest producer globally.",
  "summary": "The Chief Executive Officer, Evgeny Nikitin, told RIA that the company was targeting an annual bauxite production of 5.0 million metric tons in Ghana and a processing capacity of 1.2 million metric tons per year.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}