Guinea
Conakry finds builder for southern bauxite export corridor

A subsidiary of the Emirati Ghantoot Group, which is in conflict with Monaco Resources in Guinea, has reached a deal with the national mining infrastructure agency ANAIM to develop routes to evacuate bauxite produced in southern and central regions. The routes are key to getting production there up and running. [...]
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Guinea
Monaco Resources runs into conflict with its Garafiri bauxite partners

Monaco Resources is facing protests over its management of the Garafiri bauxite project. It has been threatened with legal action over payments arrears by the company building the infrastructure needed for the project, while its fellow shareholder is contesting an increase in the capital of their joint project company which he says has diluted his stake in the company.

LogoSubscribers only Infrastructure, Mining 04.03.2021

Spotlight | Guinea, Iran
Tehran flutters its eyelashes at Conakry as it looks for bauxite to reduce its aluminium costs

Iran, which needs aluminium to boost its industrial activity despite its serious financial difficulties, is trying to relaunch its Dabola-Tougué bauxite project in Guinea. This would enable it to import bauxite and process it in its own plants, which would be cheaper than buying aluminium directly abroad.

LogoSubscribers only Mining 04.06.2020

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