Alcoa in the News
January 26, 2012 Alcoa Defense Congratulates Austal USA on Christening of 127-Meter All-Aluminum LCS Coronado
 more
January 25, 2012 Alcoa Expanding Aluminum Lithium Capabilities to Meet Growing Aerospace Demand for Its Industry-Leading Alloys
more
| |
|
|
Alcoa is present in Guinea as a 45% shareholder of Halco Mining, a partnership which owns 51% of Compagnie des Bauxites de Guinee (CBG). CBG, a partnership with the Government of Guinea, has exclusive rights to mine bauxite in Guinea's Sangaredi Plateau. In addition to mining in Sangaredi, CBG operates a port in Kamsar for drying and shipping bauxite to refineries worldwide. Alcoa also supports the local Guinea community through healthcare and library programs funded by the Alcoa Foundation.
In 2005, Alcoa and Alcan signed a Basic Agreement with the Government of Guinea that sets a framework for the development of a 1.5 million metric tonne per year alumina refinery with further expansion potential. Since that time the two companies have held consultations with the Government and key communities, conducted environmental assessments of potentially affected areas, and developed resettlement plans for residents potentially affected by the project.
In July 2007, the group formally recommended that a site near Kabata, north of Kamsar as the location of the proposed refinery.
Alcan, Alcoa and Government of Guinea Sign Basic Agreement for 1.5 Million Mt Per Year Alumina Refinery in Guinea
Nov. 22, 2005
go to the corporate news story |
|
|
