BOSAI poised to produce over 4M tonnes of bauxite in 2025 – Minister Bharrat

Guyana’s natural resources sector is set to achieve an unprecedented milestone, with BOSAI Mineral Group poised to produce over 4 million tonnes of bauxite in 2025—a historic high for the industry.
This record-breaking achievement is driven by BOSAI’s strategic capital investments, including the acquisition of Panama-class vessels, which have significantly enhanced the company’s shipping capabilities and export capacity to key markets across Asia and Europe.
Minister of Natural Resources, Vickram Bharrat, attributed this monumental success to BOSAI’s confidence in Guyana’s economic policies, under the leadership of President Dr Irfaan Ali.
On this point, he praised the Government’s efforts to create an enabling environment for investment, which has revitalised the bauxite sector and positioned it as a cornerstone of the country’s economic growth.

“BOSAI, which is in Linden, is poised to produce 4 million tonnes of bauxite in 2025. This is something that has never happened in the history of our country, going way back in the days when bauxite and sugar were our main exports. The production was never that high,” the Minister noted.
“But in 2025, we will see an increase in production to over 4 million tonnes of bauxite. This is mainly because of the investment by the company, definitely showing confidence in the economy, in the country and in the Government, and investing in Panama’s vessel, so that a larger quantity of bauxite can be shipped from Guyana to wherever the market is, mainly in Asia and Europe. I’m very happy with the development and investment in the bauxite industry,” he disclosed.
In 2024 alone, bauxite production rose by 250,000 tonnes due to increased investment and strategic planning, bringing the annual total to more than 1.7 million tonnes.
This represents an extraordinary 225 per cent growth from 2023, when production was below 500,000 tonnes.
Additionally, the sector also added 500 jobs in 2024, driving economic growth in key areas like Linden, Region Ten.
The revival of the bauxite industry is a stark contrast to its struggling state under the previous administration.
Minister Bharrat highlighted the impact of past mismanagement, including the forced exit of Russian-owned company RUSAL, which caused nearly 1,000 job losses across areas like Kwakwani, Ituni, and New Amsterdam.

“You would recall, that when we took over Government, bauxite production was at an all-time low, mainly because of Rusal being chased away by the previous administration, the APNU-AFC Government…. And they were producing way more than bauxite at that point in time. However, because of the confidence that companies, international investors now have in the Government and country, we have seen a massive investment by bauxite in the Linden operation. So much so that our production has increased from 2023 to 2024 by 225 per cent. That has never happened in the history of our country,” Bharrat said.
Today, with the tide turned, Bharrat highlighted that international investors are showing renewed confidence in Guyana’s stable and growing economy.
“We are expecting that the other bauxite company, which is in the Bonasika area, the Demerara River, that in 2025, their production will be significantly improved. Having done a significant amount of stripping and recapitalisation in 2024, we will definitely see an increase in production in that company, he added.
Local bauxite production has been on an upward trajectory over the last few years, moving from 608,000 tonnes in 2020 to 705,000 tonnes in 2022 with an average of more than 600,000 tonnes in the last three years.
In 2022, Guyanese earned some US$98.9 million in bauxite exports – an increase of 23.6 per cent over the previous year.
However, in 2023, Guyana experienced a drop in bauxite production with 525,000 tonnes being declared.
A significant contributor to the decline was a drop in production from the large-scale producers, by 317,919 tonnes, but there was also an estimated drop in output from smaller operators, of 207,321 tonnes.