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Fluor clinches $700m Guinea bauxite mine management deal

7th February 2017

By: Megan van Wyngaardt

Creamer Media Contributing Editor Online

     

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JOHANNESBURG (miningweekly.com) – Engineering company Fluor Corporation has been contracted by Emirates Global Aluminium’s wholly-owned subsidiary Guinea Alumina Corporation (GAC) to manage the development of a 12-million-tonne-a-year bauxite mine, in Guinea.

The $700-million contract will also see Fluor manage the mine’s dedicated export terminal in Port Kamsar, in the country’s Boké region, as well as carry out rail and infrastructure upgrades.

The mine, which is scheduled to start production in 2018, will supply high-quality raw materials for alumina production facilities globally.

Fluor completed a feasibility study on GAC in the second quarter of 2016.

“Fluor has worked with GAC since the preliminary phase of the project to develop a customised, capital-efficient design to meet the company’s unique business objectives.

“We will leverage our global expertise in marine structures, port terminals and mineral processing, along with our experience in Guinea, to deliver innovative design and project execution solutions that improve capital efficiency,” said Fluor mining and metals business president Rick Koumouris.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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