EGA completes initial developmental work on its Guinea bauxite project

<p>Emirates Global Aluminium (EGA), one of the world&rsquo;s leading primary aluminium producers, announced on Thursday, February 2, that the company had completed preliminary work on bauxite mining project in Guinea. EGA already has spent US$1 billion in the development of a bauxite mine.<br /><br /><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/BauxitFeb3.jpg" alt="News" width="517" height="226" /><br />Yousuf Bastaki, EGA&rsquo;s executive vice president upstream, said, &ldquo;This early milestone shows good progress in our Guinea project, which will boost Guinea&rsquo;s economy, create value for EGA, and secure the supply of natural resources that we need.&rdquo;<br /><br />Jan de Nul, a Belgian marine contractor that also worked on the construction of the Palm Jumeirah in Dubai, completed a site infill and elevation of 50 hectares of land at Kamsar for the development of rail infrastructure and export facilities for the bauxite mining project, according to company. <br /><br />The container terminal facility at Kamsar port is being used for exporting bauxite and the import of equipment for EGA&rsquo;s construction project. EGA has exported its first bauxite sample shipment of 55,000 tons to China in December.<br /><br />{googleAdsense}<br /><br />The EGA is expected to start full-fledged commercial bauxite production from 2018. The company will increase its bauxite production to 12 million tonnes per year.<br /><br />EGA is also developing a $3bn alumina refinery in the UAE as a boom in regional infrastructure projects spurs demand for alumina. The alumina refinery will start its production by next year.<br /><br />Guinea has around 7 billion tonnes of bauxite resources, over a quarter of the global total.</p>