Mining

Guinea: Bel Air bauxite deposit completes first shipment

Thursday, 09 August 2018 05:33

Alufer Mining announced this week the start of production of its bel Air bauxite mine in Guinea and first shipment to China. Project construction lasted 18 months and was completed on time and within budget.

The company also erected its own port, berth, export facilities and a 25 km road. During construction, it employed over 1,500 people, 85% of the workforce being Guinean and more than half from local communities.

“We are very proud to reach this milestone. Building a mine within such a short timeframe on a Greenfield site, on time, on budget and with an exemplary safety record is a rare achievement,” commented CEO Bernie Pryor.

Work at Bel Air will now target stable production of 5.5 million tons per year, in addition to Guinea's current production of over 40 million tons. The country is the world’s third-largest aluminum producer.

Located in the Boffa region, the Bel Air mine was financed with up to $205 million by a consortium composed of Africa Finance Corporation, Orion Mine Finance and Resource Capital Funds. This financing is the "first and largest foreign investment in Guinea since the Ebola crisis in 2014".

Louis-Nino Kansoun

On the same topic
Egypt welcomed 19 million tourists in 2025, up 21% from 2024. Charter flight traffic rose 32% during the year, with flights arriving from 193 cities...
Egypt and Qatar agreed on an MoU covering up to 24 Qatari LNG cargoes, mainly for summer demand. Egypt’s gas production fell to about 3.64 billion...
Eskom supplied electricity for 231 consecutive days in 2025 without load shedding. Improved maintenance lifted energy availability to 69.1% in December...
OPEC+ kept production targets unchanged for January–March 2026. Eight core producers account for more than half of global oil supply. The IEA expects...
Most Read
01

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
02

Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...

Togo Overhauls Anti-Money Laundering Rules to Meet Global Standards
03

Nigeria confirms tax reform takes effect Jan. 1, 2026 despite opposition PDP alleges illegal inse...

Nigeria’s Tax Overhaul Set to Take Effect Amid Fury Over ‘Illegal’ Changes
04

Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle Move follows tra...

Gabon Appoints Thierry Minko Economy Minister in Post-Transition Reshuffle
05

Creditinfo licensed to operate credit bureau across six CEMAC countries Bureau to collect b...

CEMAC Bloc Clears Way for Private Credit Bureau: New Implications for Regional Lending
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.