Chinese-owned bauxite company Bosai Minerals (Guyana) Inc will be shipping 24,000 tonnes of bauxite through a transshipment station owned by Bauxite Company of Guyana Inc. (BCGI), a subsidiary of Russian bauxite giant RUSAL.
The one-off agreement brokered with the assistance of the Ministry of Natural Resources will allow Bosai within the next few days to use the station located in the mouth of the Berbice River and which is operated by Oldendorff Carriers – a subcontractor of BCGI. Bosai has previously utilised a Trinidadian transshipment station to facilitate shipment of bauxite to its international markets.
A release from the ministry said that as a result of the agreement, Bosai Minerals (Guyana) Inc. will be able to dispatch a 24,000-tonne shipment of bauxite to China in an arrangement which would hopefully evolve into a longer term arrangement to the benefit of not only the two parties involved, but also to the people of Guyana.
“The vessel ‘Hua An Sheng’, into which the bauxite will be loaded, [was] expected in Port New Amsterdam, [yesterday] January 12, 2016.
This vessel has been deemed too large to transit the Demerara River to Bosai’s Linden operations therefore four smaller vessels will be transporting shipments of between 5,000 and 6,000 tonnes each from Bosai’s operations in Linden to Port New Amsterdam where their cargo will be transferred onto the ‘Hua An Sheng’,” the statement said.
The statement from the ministry hailed the efforts of the two companies in recognising the value of the manifold benefits and synergies that can emerge from co-operation and sharing of facilities. According to the Ministry it is happy to have played a part in brokering this arrangement with the expectation that it will assist Bosai in meeting and exceeding targets that both its principals and the Government of Guyana have set.