Africa

National Bauxite Authority to be Established in Months: Ghana’s Akufo-Addo

National Bauxite Authority to be Established in Months: Ghana’s Akufo-Addo

Ghana’s new president Nana Addo Dankwa Akufo-Addo revealed plans for his government to establish a bauxite and aluminium development authority within the next three months earlier this week. In comments made at the 5th Africa CEO Forum held in Geneva, Switzerland, Akufo-Addo...

Events

Africa Finance Corp to Invest US$205 MM in Guinean Bauxite Mine

Africa Finance Corporation (AFC) announced last week that it is planning to invest US$205 million in Alufer Mining’s bauxite mining project in Guinea. Oliver Andrews, AFC’s chief finance officer, cited the global rise in in aluminium demand as the rationale for investing in the project. His firm also pointed out the Bel Air Mine’s adherence […]

EGA Finishes Preliminary Work on Guinean Bauxite Mine

Abu Dhabi’s Emirates Global Aluminium PJSC announced on Wednesday that it has completed preliminary work on the US$1 billion bauxite mine in Guinea. Belgian marine contractor Jan de Nul finished site infill and elevation of 50 hectares (123.5 acres) of land at the port city of Kamsar, the firm said. The infill project will help […]

Chinese Aluminium Paneling Firm to Open Plant in Egypt

Egypt’s Minister of Industry and Trade Tarek Kabil recently announced plans for a leading firm from the People’s Republic of China to build an aluminium-paneling factory in his country. Guangzhou Goodsense Decorative Building Materials Co., Ltd. will build the plant, which Kabil characterizes as a joint venture among Egypt, China, and Saudi Arabia, north of […]

EGA Ships First Bauxite from Guinea

UAE’s Emirates Global Aluminium (EGA) announced this week that it has shipped the first bauxite bulk sample shipment mined from its operations in the African nation of Guinea. The sample was shipped from Kamsar to customers in the People’s Republic of China. The first shipment consists of 55,000 metric tons of ore, and it represents […]

Ghanaian Presidential Challenger Promises Domestic Aluminium Industry

Ghanaian opposition presidential candidate Nana Addo Dankwa Akufo-Addo told voters this week that the government would begin to take advantage of its bauxite ore deposits by initiating a domestic aluminium industry. “The time has come for us to move our industrial development forward,” said the New Patriotic Party (NPP) candidate, adding that mining the ore […]