Guinea Boffa Bauxite Exploration Project - Details on ZAWYA UAE Edition
added on: 11 June 2019

Guinea Boffa Bauxite Exploration Project

Ongoing

Background

The Boffa project site is located in the northeastern part of the city of Boffa, the capital of the province of Bofa, Guinea. The project is mainly divided into three parts: mine, port and transportation. Each of them will set up an independent investment entity and operate it. It is divided into two mining areas, the north and the south, with an area of 599 square kilometers and 658 square kilometers respectively. The Boffa project has a resource reserve of approximately 1.75 billion tons, an alumina content of 39.1% and a silica content of approximately 1.1%. The project will see an annual bauxite output of 12 million tons in the first phase. The project is a major cooperation between China and Guinea, which will bring mutual benefits and win-win results. When completed, it will become an important source of overseas bauxite resources for Aluminum Corporation of China Limited is project contractor (CHALCO). The signing of the mining agreement between Chinalco and the Guinean government on the Boffa bauxite project is a response to China’s “One Belt, One Road” initiative. Societe Guineenne du Patrimoine Minier is project owner and Chalco Guinea Company, a subsidiary of Aluminum Corporation of China Limited, is project contractor. In October 31 2016, CHALCO signed the contract to develop and explore the Boffa mining field. According to the agreement, Chalco Guinea company was granted mining licenses for the Boffa north and Boffa south blocks for 15 years and renewable for 15 years on expiry. The construction work started in Otober 2018. CHALCO said the construction is expected to be completed at the end of 2019 when the production from the mine is expected to begin.
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