The Surinamese government has announced plans to renegotiate its agreement with Chinese bauxite company Chinalco, aiming to secure a more favorable deal for the nation. Acting President Gregory Rusland revealed this development during a meeting with a Chinalco delegation on November 4, 2025. A special negotiation committee will be established to revise the terms of the original agreement signed with the previous administration in November 2024. The deal, which involved a $426 million investment for a bauxite mine and related infrastructure in Apoera, West Suriname, had stalled due to strong opposition from local communities. Rusland, who had previously opposed the deal as a parliamentarian, emphasized the need for a revised agreement that ensures bauxite processing within Suriname, thereby maximizing national benefits. Chinalco’s director, Bo Qu, expressed commitment to a mutually beneficial partnership. The renewed negotiations aim to address local concerns and clarify the conditions under which the project can proceed.