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CNCEC’s subsidiary wins bauxite & alumina project in Guinea

17 Nov 2021 15:04 reported by Joy Liu

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According to a notice disclosed by China National Chemical Engineering Co., Ltd. (CNCEC) on November 15, its subsidiary China National Chemical Engineering & Construction Corporation Seven, Ltd. (CC7) has won a contract to build a bauxite project and an alumina refinery in Guinea, West Africa.

Mavcard’s bid, about the engineering, procurement, and construction contract, is worth EUR 1.8 billion. The project is located in Tougué and Koubia, Labé Region, Guinea.

The winner of this bid will develop and construct an alumina refinery with an annual output of 1.5-2 million tons of chemical compound produced from bauxite for the Mavcard bauxite project.

The bid value accounts for around 10.52% of the company's audited operating income in 2020.