Fluor Wins Guinea Bauxite Expansion Contract

Fluor Wins Guinea Bauxite Expansion Contract
Fluor's corporate headquarters in Irving, Texas. Source: Wikimedia

American multinational engineering and construction firm Fluor Corporation announced yesterday that it has been awarded an engineering, procurement and construction management contract for Compagnie des Bauxites de Guinée’s (CBG) Bauxite Production Expansion Project in Kamsar, Guinea. The firm says the contract will be worth US$501 million.

The project in question will expand production by four million metric tons per annum, or from 14.5 million metric tons to 18.5 million metric tons. It’s the first phase in a three-phase project that will expand the mine infrastructure, rail system, port facility, and processing plant infrastructure and utilities. According to the press release, Fluor’s involvement in the project began early on with feasibility studies and some of the initial engineering at the site. The expansion is slated to be completed in 2018.

“Fluor has worked with CBG to develop a capital-efficient solution that combines delivery predictability and flexibility for maintenance and future expansions,” said president of Fluor’s Mining & Metals business Rick Koumouris. “Given the project’s location and unique logistical challenges, Fluor will bring unmatched technical and execution expertise, as well as the requisite Guinea experience, to deliver this project safely, on schedule and on budget.”

CBG, a joint venture, is the main player in the Guinean bauxite industry, and holds exclusive rights to bauxite reserves and resources in north-western Guinea through 2038. CBG is 49% owned by the Guinean Government and 51% by an international consortium known as Halco Mining Inc., a joint venture controlled by aluminium producer Alcoa, global miner Rio Tinto and Dadco Investments. CBG currently exports about 14 million metric tons of high-grade bauxite per year.

Currently based in Irving, Texas, Fluor was founded in Santa Ana, California in 1912 by John Simon Fluor as Fluor Construction Company. Initially the firm built oil refineries, pipelines, and other facilities for the oil and gas industry. It subsequently diversified into construction and engineering for other raw materials, eventually abandoning oil altogether. It currently provides engineering, procurement, construction, maintenance, and project management services in a broad range of industries.