According to the agreement, Chinalco will complete the feasibility study of the bauxite project within half a year
According to the agreement, Chinalco will complete the feasibility study of the bauxite project within half a year.
On May 17 this year, Chinalco held the 23rd meeting of the sixth session of the Board of Directors and reviewed and approved the project on the company’s proposed investment in the Boffa bauxite project in Guinea. It agreed to pass Chinalco Hong Kong and its project-related subsidiaries registered in Guinea. Signed the Boffa Project Mining Agreement with the Government of Guinea. The total investment for the project construction is about 706 million U.S. dollars, which is mainly divided into three parts: mines, ports, and barges. Separate investment entities will be set up and responsible for operations.
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