Six firms have announced plans for alumina refineries in Guinea, aiming for a combined annual capacity of 11 million tonnes. As Guinea seeks to expand its alumina production and create value-added industries, four projects are especially noteworthy to watch until 2025. SMB-ALTEO Consortium
SMB-ALTEO Consortium In 2018, the government of Guinea inked a $3 billion deal with a consortium led by Guinean bauxite producer Société Minière de Boké (SMB) and French alumina manufacturer ALTEO. UMS Group acquired ALTEO in 2021 and already held a 30% stake in SMB, consolidating control over a sizable chunk of Guinea’s bauxite sector.
We are Guinea Alumina Corporation, the bauxite mining subsidiary of Emirates Global Aluminium. Guinea Alumina Corporation is the bauxite mining subsidiary of Emirates Global Aluminium, the world’s largest ‘premium aluminium’ producer. We mine and move bauxite, the ore from which aluminium is derived. Copyright 2024 © Emirates Global Aluminium PJSC.
GAC, a subsidiary of Emirates Global Aluminium, which launched the UAE’s inaugural alumina refinery, commenced production in Boké in 2019. Last year, GAC exported 14 million tonnes of bauxite globally. NOFSL Initiative
UMS Group acquired ALTEO in 2021 and already held a 30% stake in SMB, consolidating control over a sizable chunk of Guinea’s bauxite sector. The consortium aims to produce high-grade specialty alumina used in smartphone screens and electric vehicle batteries.