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The divestiture process was largely completed in 2006 with the distribution of certain aluminium construction plants and other non-core assets to companies controlled by RUSAL's beneficial owner. In 2004, Rusal obtained a licence to develop bauxite mines in Guyana and the Bauxite Company of Guyana was subsequently founded. [16]
Omai Bauxite Company, owned by Canadian IAMGOLD, was bought in 2007 by BOSAI, a Chinese company. [19] The other major mine in Berbice, formerly Aroaima Mining Company, is owned by Bauxite Company of Guyana Inc., a subsidiary of Russian-owned Rusal. The government maintains part ownership in both companies: 30% of Omai and 10% of Bauxite Company ...
The Guyana Police Force was also provided short term training in Russia. [7] In January 2006, Rusal reached an agreement with the government of Guyana to purchase 90% of the Aroaima Mining Company, leaving the government with a ten percent share. [8] The deal, according to Rusal, invested US$20 million in the bauxite mine, with mines in Berbice ...
With 215,000 square kilometres (83,000 sq mi), Guyana is the fourth-smallest country on mainland South America after Uruguay, Suriname and French Guiana. The main economic activities in Guyana are agriculture (production of rice and Demerara sugar ), bauxite mining, gold mining, timber, shrimp fishing and minerals.
2023 bauxite production and reserves (thousands of tons) [1] Country Production Reserves World: 400,000: 30,000,000
Bauxite is the main source of the rare metal gallium. [17] During the processing of bauxite to alumina in the Bayer process, gallium accumulates in the sodium hydroxide liquor. From this it can be extracted by a variety of methods. The most recent is the use of ion-exchange resin. [18]
En+ Group plc is a green energy and metals company. It has a controlling stake in Rusal, ... Guyana: Bauxite Company of Guyana Inc Georgetown: 2004 1,7 Energy
United Company of Rusal 100% [12] (Rusal 2007) Jamaica Clarendon 1,400 50% Alcoa World Alumina & Chemicals, 50% Jamaican Government [3] Jamaica Ewarton Alumina 675 Jamaican Government, United Company of Rusal [5] Jamaica Nain St. Elizabeth (Alpart) 1,700 65% United Company of Rusal, 35% Hydro Aluminium [5] Jamaica Kirkvine Alumina 625