Chalco to launch 1.2Mtpa alumina project in Guinea

Aluminum Corporation of China Limited (Chalco) recently announced that its wholly-owned subsidiary, Chalco Hong Kong Limited, plans to invest in a 1.2Mtpa alumina project in Guinea.

Chalco Hong Kong will set up a standalone project company in Guinea to construct production facilities with an annual alumina capacity of 1.2 million tonnes, port facilities and other supporting infrastructure. The total investment is estimated at around USD1 billion. Meanwhile, Chinalco Guinea Co., Ltd. will steadily supply ores for the alumina project and moderately ramp up ore export volume.

Once operational, the project is expected to create local jobs, upgrade workforce skills, promote sustainable development and provide fresh momentum for Guinea's industrial growth and economic upgrading.