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
Tunisia to launch first fully digital hospital as part of health reform. Project includes AI diag...
Lukoil to sell all international assets to Gunvor amid U.S. sanctions Sale includes key oil stake...
With COP30 approaching, the International Renewable Energy Agency is calling for a global goal: to q...
Indian bottler VBL signs exclusive deal to test Carlsberg sales in Africa Move aims to diversify ...
Annual consumer-price inflation slowed to 11.9 % in October, the weakest reading since April,...
IMF staff concluded a review under the ECF and RST programs. The country will access $13.98 million following satisfactory performance. Growth...
The $11.5 million deal aims to boost Chad’s imports and food security. It brings Proparco’s total guarantees to Ecobank to €125 million...
The AU and Global Fund signed an MoU to fight AIDS, tuberculosis, and malaria. The deal aims to strengthen health systems and boost local resource...
The draft “Digital X.0” law sets a legal framework for AI integration in Morocco. It focuses on data governance, digital identity, and...
The Namib Erg, also known as the Namib Sand Sea, is one of the most ancient and spectacular desert landscapes on Earth. Stretching along Namibia’s...
CIGAF 2025 hosted 26+ countries to celebrate culinary diversity in Ouagadougou Event featured competitions, demos, and talks on food, culture, and...