Asian Metal News
The Guinean SBG (Societe des Bauxite de Guinea) is seeking partners to jointly build a 1.6 mtpy alumina refinery with two 800 ktpy alumina production lines in Guinea. Total investment is expected at USD 1.4 bln. The feasibility study has been completed but project commencement time is as yet undecided.
SBG is now focused on infrastructure development, including construction of roads and ports for its bauxite mine, which has designed mining capacity of 3mtpy. SBG plans to produce bauxite at Al2O3 43% min, SiO2 2.5% max grade starting from Q2 2020.
At present, the mainstream alumina price in the global market is USD 300/t, FOB Australia, the same as last Friday.