Minister of Natural Resources Vickram Bharrat on Tuesday announced a significant increase in the production of bauxite for 2024, noting that the year ended at 1.7 million tonnes.
“An increase of 225 per cent in bauxite production in 2024 in comparison to 2023 way above the target set by the company itself.
“Bauxite has been a success story over the last few years,” Bharrat added while addressing a yeared press conference on the performance of the Ministry of Natural Resources.
In 2023, bauxite production was just at 523, 732 tonnes.
Bharrat said the remarkable achievement is credited to the investment and confidence of Bosai as the country is still recovering from the withdrawal of Rusal in the Berbice River.
The bauxite sector has also generated over 1000 employment and economic opportunities.
Bharrat said the company made a commitment to continue investing in bauxite in Guyana.
The increase in production is also credited to Bosai acquiring more barges to ship larger quantities of bauxite.
