EGA’s Guinea bauxite mining project reaches 75% construction completion

2018-12-13

Dec. 12, 2018 - Emirates Global Aluminium announced that its bauxite mining project in the Republic of Guinea has reached 75 per cent construction completion.

The project has a total budgeted project cost of approximately USD 1.4 billion and is being developed by EGA’s subsidiary Guinea Alumina Corporation. It is the largest greenfield investment in the West African country in the last four decades. First bauxite exports are expected during the second half of 2019.

Abdulla Kalban, EGA’s Managing Director and Chief Executive Officer, said: "We are now entering the final phase of construction of our project in Guinea and the team in Guinea is focused on achieving ‘First Ore On Ship’ safely, responsibly, on time and on budget. Whilst construction continues, work is also progressing well on preparations to operate the mine and export facilities efficiently for the benefit of Guinea and EGA for decades ahead.”

Guinea is the world’s largest bauxite resource holder, and EGA’s project will contribute significantly to the country’s exports of the ore from which aluminium is derived. Once full ramp up is achieved, the project is expected to produce some 12 million tonnes of bauxite per year. Bauxite from the GAC project will be sold to aluminium producers around the world.