Rusal and Ghana agree to develop bauxite mine and alumina refinery

Rusal and Ghana’s integrated aluminium development corporation agreed on 29 October to develop a mine and refinery in Ghana. Rusal describes planned annual capacities of up to five million tonnes of bauxite and 1.2 million tonnes of alumina; these are future project targets. ^[1][2]

Moscow, Russia; Ashanti Region, GhanaEvent: 29 October 2026Under 1 min read

Published 1 Nov 2026, 04:39 UTC

The facts

The agreement with Ghana Integrated Aluminium Development Corporation was signed in Moscow during the Russia–Africa Forum. ^[1][2]
Rusal says the mine would use the Nyinahin deposit, followed by a natural-gas-powered alumina refinery. ^[1]
The company says the projects will use Nyinahini Bauxite and Ghana Alumina Company, with Rusal holding a majority stake in each and the Ghanaian side holding a minority stake including a 10% non-dilutable interest. ^[1]

Still unconfirmed

Financing, construction dates and the start of production were not established.

Sources

References support the numbered facts above. Source checks: 1 Nov 2026, 04:39 UTC.

Rusal and GIADEC agree to develop bauxite and alumina projects in Ghana
Rusal · Primary source · 29 Oct 2026
Ghana in talks with Russia for first nuclear power plant
AFP, via Africanews · Reporting · 31 Oct 2026
The opened AFP report also covers this concrete mining agreement. Its separate nuclear discussions are not described here as an agreed plant project.

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