Republic of Guinea

Chinese Firm to Invest US$2.8 Billion in Guinean Bauxite Operation

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...

Events

Chalco’s Guinea Bauxite Project to Begin Production Within Months

Aluminum Corporation of China Limited (Chalco) said late last week that it anticipates producing bauxite ore at its project in Guinea either later this year or early next year. “It is predicted that at the end of this year or the beginning of next year we will launch,” explained Chalco senior vice president Lu Dongliang. […]

Iran to Add 336 Thousand MTPA of Aluminium Smelting Capacity Next Year

A spokesman for the Iranian government told industry media last week that the country intends to add 336 thousand metric tons per annum of aluminium-smelting capacity to its country’s total next year. In an interview with S&P Global Platts that was reported on yesterday, Iranian Mines and Mining Industries Development and Renovation Organization’s (IMIDRO) Director […]

Drop in Guinea’s Expected Economic Growth Blamed on Deadly Bauxite Riots

Riots this summer in Guinea’s Boké region sent ripples through the African nation’s economy, as the country’s budget minister blamed the unrest on the loss of nearly a full percentage point of forecast economic growth next year. According to comments by Budget Minister Mohamed Lamine Doumbouya, the government lowered its growth forecast from 6.7 percent […]

Rusal’s Restart of Operations at Guinea’s Dian-Dian Bauxite Mine Imminent

Russian Federation aluminium behemoth UC Rusal told domestic media yesterday that plans are in the works to commission the 3-million-metric-ton-per-annum Dian-Dian bauxite mine in the African country of Guinea by next spring. Yakov Itskov, Rusal’s alumina business director, told Russian News Agency TASS that work at the bauxite mine was well underway at present. “We […]

Bauxite Operations in Guinea Return to Normal After Last Week’s Deadly Riots

According to in-country sources, a fragile truce has been negotiated in the Boké region of Guinea, allowing the country’s bauxite operations to return to normal operations while a definitive agreement is hammered out. The truce marks the first period of peace in the area in over a week, giving bauxite miners a break from over […]