Both of the major expatriate investors in Guyana’s bauxite industry have announced that they are pumping more money into equipment with a view to taking advantage of anticipated significant increases in demand for the product in the years ahead.
Earlier this month the Russian aluminium giant RUSAL the majority shareholder in the company Bauxite Company Guyana Inc (BCGI) announced that it was investing a further US$21 million in the local company to acquire equipment and vehicles with a view to expanding its production to five million tonnes by 2015 and 10 million tonnes by 2018. In March the Chinese-owned minerals group Bosai Incorporated disclosed that it was investing US$100 million in its operations at Linden.
While the announcements by the two companies signal their intention to continue to invest in Guyana’s mining sector, both have
