Chalco loads its first capesize vessel with bauxite from Guinea’s Boffa mine
The Boffa mine in Guinea, developed by China’s leading aluminium company and the world’s second-largest alumina producer, the Aluminum Corporation of China (Chalco), loaded its first capesize vessel with 175,000 tonnes of bauxite to be put aboard the bulk carrier Zhong Teng Hai.
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▪ Chalco loads its first capesize vessel with bauxite from Guinea’s Boffa mine
▪ The Boffa mine in Guinea, developed by China’s leading aluminium company and the world’s second-largest alumina producer, the Aluminum Corporation of China (Chalco), loaded its first capesize vessel with 175,000 tonnes of bauxite to be put aboard the bulk carrier Zhong Teng Hai.
▪ https://www.africabusinessplus.com/en/804326/chalco-charge-son-premier-vraquier-capesize-de-bauxite-de-boffa-en-guinee/
Chalco, a subsidiary of China’s behemoth Chinalco (which formerly partnered with Rio Tinto to develop the massive Simandou iron project in Guinea Forestière, located more than a thousand kilometres away from the coast), communicated its interest in the Boffa bauxite mine to Guinea’s government early on in the Simandou negotiation process. The mine had previously been controlled by BHP Billiton, but never operated. Chinalco and Rio Tinto have so far been unable to reach an agreement on a development plan for Simandou, but Chalco successfully began production at the Boffa mine at the start of the year.
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