Anglo-African Minerals to Join with Chinese Firms in Guinea Bauxite Project
Irish exploration firm Anglo-African Minerals recently announced a €200 million joint venture with China New Era Group and China Geo-Engineering...
Guinea
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....
Fluor Wins Guinea Bauxite Expansion Contract
American multinational engineering and construction firm Fluor Corporation announced yesterday that it has been awarded an engineering, procurement and construction...
Guinean Firm to Begin Construction on Bauxite Mine by End of 2016
Guinean mining firm Societe des Bauxites de Dabola-Tougue (SBDT) said late last week that it expects to commence construction on...
Events
EGA to Open Bauxite Mine in Guinea
United Arab Emirates’ Emirates Global Aluminium PJSC (EGA) announced last week that it would soon begin construction on a significant bauxite mine in the West African country of Guinea. The mine is anticipated to insure a steady stream of high-quality bauxite ore for the firm’s domestic operations and, in turn, lead to new sales in […]
Compagnie des Bauxites de Guinée Reaches Agreement for US$1 Bln Loan to Increase Production
Guinea’s Compagnie des Bauxites de Guinée (CBG) has announced an agreement in principle on financing for a loan of over US$1 billion to boost production at its bauxite plant in Kamsar. The West African country sits atop about one-third of the known bauxite reserves on Earth. Capitalizing on that fact has been a struggle in […]
Dubai Firm Soliciting Funds to Develop US$8 Bln Bauxite Mine in Guinea
A resources firm based in Dubai has been in negotiations with certain trading houses to begin development of Guinea’s bauxite reserves. The reserves, once held by Anglo-British firm BHP Billiton, are reportedly valued at US$8 billion. Gajah Investment Group’s co-founder James Tounkara indicated in an interview that he expected interest from the People’s Republic of […]
Iran Seeks US$10 Billion to Revive Domestic Aluminium Industry
The government of the Islamic Republic of Iran is in search of a US$10 billion investment to help it kick-start its domestic aluminium industry. Experts expect the industry to export over sixty percent of production, tapping into the growing global demand for the versatile metal. “The government of President Hassan Rouhani has decided to revive […]
Guinea Government Says Single Bauxite Mine Could Increase Domestic Production by 25%
United Kingom’s Alufer Mining Limited is planning to produce 5 million metric tons of bauxite in the Republic of Guinea next year according to Guinea’s mines minister. A boost in production of this size could increase Guinea’s total output by more than a quarter. Nearly one third of the world’s known reserves of bauxite are […]
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 ...
