Boffa

First Shipment By Chalco Of Bauxite From Guinea Mine Scheduled For Early December

First Shipment By Chalco Of Bauxite From Guinea Mine Scheduled For Early December

Aluminum Corp of China Ltd (Chalco) said earlier this week that it has queued up its inaugural bauxite ore shipment from Guinea by early next month. “The mining operation has already started and the first output will be shipped to China at...

Events

Chalco Announces US$164 MM Investment in Guinea’s Boffa Bauxite Mine

Aluminum Corp. of China (Chalco) announced late last week a plan to invest US$164 million in a bauxite ore mine in Guinea. Domestic media reported yesterday the plan to invest in the Boffa bauxite project, which is the site of an estimated 736 million metric tons of bauxite reserves. Chalco says this investment will be […]

China to Loan Guinea US$20 Billion for Access to Bauxite Reserves

The Republic of Guinea will be the recipient of a US$20 billion loan from the People’s Republic of China in exchange for concessions on its significant bauxite ore reserves. According to reporting yesterday by Reuters, the loan will be disbursed over twenty years. The loan will be guaranteed by in-country projects 125 miles northeast of […]