Rusal begins shipping bauxite from Dian-Dian
(Posted on 21/06/18)
UC Rusal, a leading global aluminium producer, is pleased to announce the completion of the first stage of development of the Dian-Dian bauxite deposit in Guinea and the commencement of ore export shipments.
During this first stage, Rusal has commissioned a mine with an annual capacity of 3 million tonnes of bauxite and has built the entire associated infrastructure to serve the mine (in particular, roads and a railway line) for the transportation and storage of ore. The opening ceremony was attended by the President of Guinea, Alpha Conde, the Russian Ambassador to Guinea, Alexander Bregadze, as well as the management of Rusal.
“For the last fifteen years Rusal has remained one of the largest investors in the economy of Guinea. The mutually beneficial nature of our cooperation with the Government of Guinea, within the framework of the Dian-Dian project, continues to contribute to improving the investment climate in this West African country. The commissioning of the bauxite mine means not only the creation of new jobs and increased employment for the local population, but also new opportunities for the development of the economy of Guinea, "said Yakov Itskov, Director of the Alumina Division at UC Rusal.
Rusal owns the development rights for Dian-Dian, which is the world's largest bauxite deposit with proven reserves of 564 million tonnes. In 2015, within the framework of the investment project, RUSAL signed a multilateral agreement covering the use of the existing railway infrastructure in the province of Boké, where the Dian-Dian mine is located.This was the first such agreement between RUSAL and the Government of Guinea, with the aim of fostering a spirit of collaboration between business and the state in order to achieve the full industrial and socio-economic potential of the country.
Rusal has been operating in the Republic of Guinea since 2001, and is one of the largest foreign investors in the country. In Guinea, Rusal owns and operates the Compagnie des Bauxites de Kindia (CBK) as well as the Friguia alumina refinery complex.
In 2017 Rusal accounted for approximately 5.8% of global production of aluminium and 6.3% of alumina. UC RUSAL employs 62,000 people in 20 countries, across 5 continents. Rusal markets and sells its products primarily in the European, Japanese, Korean, Chinese, South East Asian and North American markets.
Rio Tinto has released its third quarter production results.Chief Executive J-S Jacques said “... Read more
Michelle Manook, Chief Executive, World Coal Association (WCA) has issued a statement on the World Energy... Read more
Superior Industries, Inc., a global manufacturer and supplier of bulk material processing and handling... Read more
As part of its environmental modernization program, by 2024 RUSAL, a leading global aluminium producer... Read more
As the North American economy continues its recovery, CN is pleased to announce that its people moved... Read more
FLSmidth has confirmed the signing of a definitive agreement for the acquisition of KnowledgeScape,... Read more
BHP CEO Mike Henry has announced BHP’s commitment to training and funding for 3,500 new Australian... Read more
The National Grain and Feed Association (NGFA) in the USA and 61 other U.S. agriculture stakeholders... Read more
RUSAL, a leading global aluminium producer, has announced that it has been registered as a new resident... Read more
The World Coal Association (WCA) Chief Executive, Michelle Manook has welcomed the IEA Energy Technology... Read more