Government of Guinea and Rusal establish a commission to develop mutual co-operation

Rusal and the Government of Guinea have agreed to establish a joint high level commission aimed at providing a stable basis for long-term and mutually beneficial co-operation in the country. Guinea accounts for 6% of RUSAL’s alumina capacity. The company owns the Friguia bauxite and alumina complex and manages Cie des Bauxites de Kindia (CBK). The decision to establish this commission was reached during negotiations between the Government and RUSAL. Guinean Prime Minister Jean-Marie Dore and RUSAL’s Head of Alumina Division Pavel Ovchinnikov took part in the negotiations. The parties confirmed their strategic partnership and underscored the need to continue the cooperation between RUSAL and Guinea. The joint commission will be established and start working before March 1.

RUSAL is the world’s largest producer of aluminium, in 2008 accounting for approximately 11% and 13% of global production of aluminium and alumina, respectively. It has been operating in Guinea since 2001 and is one of the largest employers in the country providing jobs to over 3000 people.