Chinese-owned Bosai Minerals Group Guyana Inc. on Friday morning announced a US$23 million expansion plan for its Linden bauxite operations.
“With these major expansions, additional long-term employment will be provided for the residents of the community and the Guyanese nation,” the company stated. An additional 150-200 jobs will be created, adding to the 600 already employed with the company.
Minister of Natural Resources Raphael Trotman and South Africa’s Deputy Minister of Minerals Resources Godfrey Oliphant and their delegations set out on a tour of the company’s operations Friday where the announcement was made.
According to Bosai, it has already started to prepare for a new #15 rotary kiln for calcined bauxite production. The new kiln and its auxiliary facilities will cost US$20 million and are projected to produce 170, 000 metric tons of refractory A Grade super calcine bauxite per year.
The company is also investing in a new #16 drier and auxiliary facilities, costing US$3 million, which is projected to produce 150, 000 metric tonnes of sized chemical grade bauxite.
Bosai Group took over Linden bauxite operations after it acquired Omai Bauxite Mining Inc., from the Canadian gold mining company IAMGOLD.
According to the company’s website, Bosai Mineral has ownership of over 200 million tonnes of high alumina and low iron bauxite deposits, and a bauxite reserve as such is unique around the globe in respect of quality and quantity.
Currently, the company produces 1.5 million tonnes of Metallurgical Grade Bauxite, 300,000 tonnes of Refractory “A” Grade Super Calcined Bauxite, 200,000 tonnes of Sized Chemical Grade Bauxite and 200,000 tonnes of Cement Grade Bauxite, making it the largest supplier of calcined bauxite on the world market.
