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...
Guinea
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...
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...
Bauxite the Topic of Recent Meeting Between Mining Ministers from Guinea and Indonesia
Indonesia and Guinea could be setting their sights on establishing ties in the bauxite sector, as evidenced by a meeting...
Events
Guinea Alumina Awards US$700 MM Contract to Fluor
Fluor Corporation announced yesterday that it has been awarded a US$700 million consulting contract by Guinea Alumina Corporation S.A. (GAC) to engineer and manage construction for a major bauxite ore mine in Guinea. The contract will have Fluor managing the development of the mine, expected to yield 12 million metric tons of bauxite ore per […]
Africa Finance Corp to Invest US$205 MM in Guinean Bauxite Mine
Africa Finance Corporation (AFC) announced last week that it is planning to invest US$205 million in Alufer Mining’s bauxite mining project in Guinea. Oliver Andrews, AFC’s chief finance officer, cited the global rise in in aluminium demand as the rationale for investing in the project. His firm also pointed out the Bel Air Mine’s adherence […]
EGA Finishes Preliminary Work on Guinean Bauxite Mine
Abu Dhabi’s Emirates Global Aluminium PJSC announced on Wednesday that it has completed preliminary work on the US$1 billion bauxite mine in Guinea. Belgian marine contractor Jan de Nul finished site infill and elevation of 50 hectares (123.5 acres) of land at the port city of Kamsar, the firm said. The infill project will help […]
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. The first shipment consists of 55,000 metric tons of ore, and it represents […]
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 Corporation to begin mining bauxite in Guinea. Tipperary’s Anglo-African, which has had a presence in the country since 1998, owns four bauxite licenses in Guinea. The firm has signed an agreement that the outcroppings, covering […]
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 ...
