Welcome to Refwin.com Sign In Join Free Home Inquiry Contact Mobile Publications Free E-Weekly News
  • Directory
  • Price
  • Market
  • Buy
  • News
  • Calendar
  • Dictionary
Company News Industry News Refwin in the News Home > News

EGA plans 1mtpa alumina refinery in Guinea


Feb. 16, 2024 - Guinea Alumina Corporation (GAC), the bauxite mining subsidiary of Emirates Global Aluminium (EGA), the world’s largest premium aluminium producer, is planning to set up an alumina refinery in Guinea with annual capacity of 1 million tonnes.

Alumina is made from bauxite, the primary ore from which aluminium is derived.

GAC is owned equally by Mubadala Development Company and Investment Corporation of Dubai (ICD).

“Full details about the project and timelines will be announced in due course,” said Youssuff Sylla, Director General of GAC, on the sidelines of the  Round Table of Donors (RTD) organised by the government of Guinea in Dubai.

The Republic of Guinea is the world's third-largest producer of bauxite after Australia and China. Guinea, which has the highest bauxite reserves in the world, is also the leading exporter of bauxite.

EGA had earlier said that GAC has secured financial support worth $750 million from several investors, including First Abu Dhabi Bank, Emirates NBD, and Mashreq, for its bauxite mining development in the African nation.

International Finance Corporation (IFC) had committed total financing of $330 million, including syndicated debt from commercial banks, and African Development Bank and Export Development Canada have respectively committed $100 million and $150 million.

About Us Site Map Service Our Partners Links Inquiry Contact FAQ Privacy Statement Technical Support

Sponsored by: ACRI (The Association of China Refractories Industry), Tangshan YinNaiLian E-Business Co., Ltd.

Copyright © 2005-2020 Refractories Window All Rights Reserved

Tel: +86-315-5918500 Fax: +86-315-5918828 Email: info@refwin.com

ICP经营许可证编号: 冀B2-20060049 ICP备案号: 冀ICP备17015545号

冀公网安备 13024002000198号 营业执照