Aluminium producer UC RUSAL (Compagnie de Bauxite et d’Alumine de Dian-Dian) reached an agreement with Agence Nationale d’Aménagement des Infrastructures Minières, Compagnie des Bauxites de Guinée and Guinea Alumina Corporation. The agreement allows the transportation of bauxite, including that mined at Dian-Dian, using the existing railway infrastructure in the Boke province and creates an environment for the further development of project transport infrastructure.
“This agreement is the first in African history between the state and mining companies to create an infrastructural multi-user operational regime. It underlines that the state and business join efforts to realize this large scale project to meet the Guinean government’s goals to create transport corridors, therefore opening doors to Guinea’s plentiful mines,” Vladislav Soloviev, RUSAL’s CEO, said.
The right to develop Dian-Dian, the world’s largest bauxite minefield with confirmed reserves of 564 mln tonnes, belongs exclusively to RUSAL. The realization of the project will create and stage-by-stage increase the ability to mine, transport, process and store bauxite.
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