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...
Guinea
Rusal Restarts Operations At Guinea’s Friguia Alumina Refinery
Russian Federation aluminium giant U.C. Rusal announced yesterday the reopening of operations at Guinea’s Friguia Alumina Refinery. Per the company, the restart is a product of a 2016 agreement with the Guinean government that will see the facility ramp up production to...
Societe Miniere de Boke’s Bauxite Mine Back Online After Nearly Two Week Strike
The bauxite mine operated by Guinea’s Societe Miniere de Boke is back to production now that a nearly two-week strike...
Rusal Plans First Bauxite Production at Guinea’s Dian Dian Mine By Month’s End
Russian Federation aluminium giant U.C. Rusal will commence bauxite mining in the West African state of Guinea by month’s end,...
Events
Nalco Mulling Move Into Guinea’s Bauxite Trade
Reporting from domestic media indicates that India’s National Aluminium Company Limited (Nalco) is investigating the possibility of gaining a foothold in the significant bauxite ore assets in the West African country of Guinea. Chairman and managing director Tapan Kumar Chand told an Indian newspaper earlier this week that bauxite mining may not be the only […]
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 ministry Saadou Nimaga elaborated by saying that the mine is expected to begin […]
French Miner AMR Begins Operations at Guinea Bauxite Mine
French mining concern Alliance Miniere Responsable (AMR) began production at its bauxite mine in the African country of Guinea on Tuesday. According to a statement by the firm, the mine will produce bauxite at a rate of between 6 million and 10 million metric tons per annum in the near future. The company continued by […]
African Development Bank to Loan Guinea US$100 MM for New Bauxite Mine in Boké Region
The African nation of Guinea has garnered more investment into its budding bauxite industry, this time in the form of a US$100-million loan from the African Development Bank (AfDB). According to the press release published by the AfDB on Saturday, the multilateral development finance institution is lending funds to build a new mine to 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 […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
