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India’s Ashapura targets Rs 100 billion bauxite revenue and expands Guinea operations

14 Sep 2026 15:49 reported by Joy Liu

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Ashapura Minechem, an Indian mining company, aims for 15 million tons of annual bauxite volumes by the fiscal year 2028, generating up to Rs 100 billion in revenue.

Guinea exports are expected to be 9 to 11 million tons for the fiscal year 2027 amid freight pressures. Port capacity at Boffa increased to 8 million tons, and a new GSM jetty is scheduled for fourth-quarter operation to lift total export capacity to roughly 23 million tons. A newly commissioned washing plant upgrades lower-grade bauxite.

Consolidated revenue reached Rs 16.16 billion in the first quarter of the fiscal year 2027, with an EBITDA margin of 11.7%. Meanwhile, Ashapura invests Rs 2 billion in domestic Indian operations to develop specialized, higher-value mineral applications across foundry, oil and gas, paints, paper, and cat litter sectors.

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