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Alcoa in the News
May 9, 2013 Alcoa Executive Vice President and Chief Financial Officer William Oplinger to Present at the Bank of America Merrill Lynch Global Metals, Mining and Steel Conference
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May 9, 2013 Susan Ringler Joins Alcoa as Vice President and Chief Ethics and Compliance Officer; Judith Nocito to Retire after 34-Year Alcoa Career
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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 |
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