Africa

Chinese Firm to Invest US$2.8 Billion in Guinean Bauxite Operation

Chinese Firm to Invest US$2.8 Billion in Guinean Bauxite Operation

The Republic of Guinea’s mining ministry disclosed yesterday its approval of a US$2.8-billion investment in a fully-integrated aluminium operation around a domestic bauxite mine by the Chinese transformer-production firm Tebian Electric Apparatus Stock Co., Ltd. (TBEA). According to secretary-general of the mines...

Events

Consortium to Study Investing US$3 Billion in Building Guinea’s First-Ever Alumina Refinery

A consortium of firms from Guinea, Singapore, and the People’s Republic of China is planning to launch a feasibility study early next year to investigate the possibility of building a US$3 billion aluminium-refining operation in Guinea. The SMB-Winning consortium, which consists of state-owned miner Société Minière de Boké (SMB) and Singaporean shipping titan Winning Shipping […]

Ghana President Akufo-Addo Pledges Government’s Commitment to Developing Bauxite Reserves

Ghanaian president Nana Addo Dankwa Akufo-Addo reiterated his government’s commitment to making the most of his country’s native bauxite ore resources. In a speech before the Ghana National Chamber of Commerce in Accra on Saturday Akufo-Addo revealed his plans for bringing Ghana’s substantial bauxite ore reserves to market. “To this end, an Integrated Bauxite and […]

Chalco’s Guinea Bauxite Project to Begin Production Within Months

Aluminum Corporation of China Limited (Chalco) said late last week that it anticipates producing bauxite ore at its project in Guinea either later this year or early next year. “It is predicted that at the end of this year or the beginning of next year we will launch,” explained Chalco senior vice president Lu Dongliang. […]