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Rusal Explores Sale of Jamaica, Guyana Assets

Bloomberg Markets •
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United Co. Rusal International PJSC, Russia's top aluminum producer, is seeking buyers for its assets in Jamaica and Guyana as it shifts focus to other regions. The company has initiated early-stage discussions for the sale of its Windalco alumina complex in Jamaica and bauxite operations in Guyana, according to people familiar with the matter who requested anonymity due to the private nature of the talks. The plans remain preliminary and it is uncertain whether any transaction will materialize.

Rusal's move reflects a strategic portfolio review as the Moscow-based company navigates global market dynamics. The Windalco facility and Guyana bauxite operations represent significant upstream capacity in the Caribbean and South America. Any potential sale would mark a notable retreat from these regions for the Russian metals giant.