π Tender Overview
Scope :
Construction of the nationβs second alumina refinery.
Estimated at 4 billion U.S. dollars, the project aims to enhance Guineaβs value addition to its extensive bauxite resources. Guinea Alumina Corporation (GAC), plans to complete the 2 million-ton capacity refinery by 2026, with an initial annual production of 1.2 million tons.
Guinea seeks to refine this ore into alumina, a more lucrative product, to stimulate economic growth. The new refinery will complement the existing Friguia refinery, owned by Russiaβs Rusal, and aligning with Guineaβs strategy to encourage mining firms to invest in local processing.