Guinea revokes Emirates Global Aluminium's mining concession, statement says
Guinea has revoked the bauxite concession awarded to a subsidiary of Emirates Global Aluminium (EGA) and transferred it to a newly created state-backed firm, citing violations of its mining code, according to a decree announced late Monday.
The move further escalates a standoff over refinery construction and highlights a push by military-ruled countries in West Africa to reclaim control over strategic mineral assets.
EGA began operating in Guinea in 2019 and exported around 14-million metric tons of bauxite in 2022.
EGA's operation in Guinea, through its Guinea Alumina Corporation (GAC) subsidiary, includes a 690 km2 mining concession that contains around 400-million tonnes of bauxite mineral resources.
The decree announced late Monday said the concession would be transferred to local State-backed firm Nimba Mining.
Neither EGA nor GAC responded immediately responded to a request for comment.
EGA has been in a dispute with the government of Guinea since October last year when its bauxite exports and mining operations were suspended by the authorities.
It said in March that the suspension of its activities in Guinea resulted in a decline of exports from 14.1-million wet metric tonnes of bauxite in 2023 to 10.8-million wet metric tonnes in 2024.
Guinea is the world's second-largest producer after Australia of bauxite, the raw material for aluminium.
Article Enquiry
Email Article
Save Article
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...
VISIT SHOWROOM
As one of South Africa's leading manufacturers, Bell Equipment distributes and exports its wide range of heavy equipment globally to mining,...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
