It is reported that the Guinea government recently approved US$2.8 billion investment provided by China TBEA company, the two sides would jointly build a bauxite mining project, aluminium smelter and refinery construction project.
The Ministry of mining expected the newly built mill increase the annual production of Guinea bauxite to 50 million tons. Saadou Nimaga, a Guinea mining official, said it was talking with a Singapore Consortium on the construction of an aluminum refinery in 2019.
The construction of the plant in TBEA investment would be put into the production in the middle of 2019, the bauxite annual production capacity in first year was around 10 million tons, the next year is expected to increase to 30 million tons.
The Guinea government approves US$2.8 billion investment in aluminum project
12 Jan 2018 14:24 reported by Eva
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