India's Ashapura Group acquired exclusive mining rights for Bauxite for over 100,000 acres in Guinea
Ashapura Holdings (U.A.E) FZE (‘Ashapura’), a part of the Indian multi-national Ashapura Group has acquired exclusive mining rights for Bauxite for over 100,000 acres in the Boffa prefecture of Guinea. Guinea is home to the largest Bauxite reserves in the world, Bauxite is the primary ore for making Aluminium metal.
Ashapura has partnered with one of the most reputed public-sector undertakings in Guinea, Société Guinéenne du Patrimoine Minier (‘SOGUIPAMI’) for the project. Ashapura which is already India’s largest Bauxite exporter, expects to commence Bauxite exports from Guinea by the first quarter of 2018.
The Ashapura Group is one of India’s leading muti-mineral solutions provider. Headquartered in Mumbai, the Group operates from 8 states in India and from Belgium, Oman, Guinea, U.A.E, China and Malyasia, South Korea and Indonesia. The group is India’s largest exporter of Bauxite and is amongst the world’s top three Bentonite producers.
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