Emirates Global Aluminium, the parent company of Guinea Alumina Corporation, and Aluminium Corporation of China (Chinalco) have signed a framework agreement progressing their cooperation on the development of an...
Kamsar, Saturday 1st June 2024 --- Emirates Global Aluminium, the parent company of Guinea Alumina Corporation, and Aluminium Corporation of China (Chinalco) have signed a framework agreement progressing their cooperation on the development of an alumina refinery in the Republic of Guinea.
The signing ceremony was witnessed by His Excellency Mohammad Hassan Al Suwaidi, UAE Minister of Investment, His Excellency Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, His Excellency Ling Ji, Vice Minister and Deputy International Trade Representative of Ministry of Commerce of the People’s Republic of China, and Mr. Zhang Yujing, President of China Chamber of Commerce for Import and Export of Machinery and Electronic Products. The framework agreement was signed by Abdulnasser Bin Kalban, Chief Executive Officer of Emirates Global Aluminium, and Mr Dong Jianxiong, Vice President of Chinalco and Chalco, at the UAE-China Business & Investment Forum in Beijing.
The companies now intend to further jointly progress the project’s feasibility and joint investment.
The development of GAC was the largest greenfield mining investment in Guinea in four decades. The company began production in 2019.
GAC employs some 3,200 people on its sites in Boké province as employees and contractors. In 2023, GAC spent some $283 million in Guinea in local procurement, payments to governments and social contributions.
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Guinea Alumina Corporation (GAC) SA, a major player in the mining sector in Guinea, has announced that its project to develop a bauxite mine and associated export facilities in the Republic of Guinea, West Africa, has reached 50 per cent...
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Guinea Alumina Corporation S.A. (GAC) parent company Emirates Global Aluminium today announced the signature of a three-year agreement to supply Chinas Bosai Minerals Group with Guinean bauxite.
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