Guinea project in final phase of construction
Emirates Global Aluminium (EGA) has announced that 75 percent of the construction work on its giant bauxite mining project in the Republic of Guinea in West Africa has been completed. The project has a total budgeted project cost of $1.4 billion and is being developed by EGA’s subsidiary Guinea Alumina Corporation (GAC). It is the largest greenfield investment in the West African country in the last four decades. First bauxite exports are expected during the second half of 2019, said a statement from EGA.
Emirates Global Aluminium is the largest industrial company in the UAE outside oil and gas. Emirates Global Aluminium (“EGA”) is owned equally by Mubadala Development Company of Abu Dhabi and Investment Corporation of Dubai.