EGA moves ahead with project in Guinea

In a milestone for Guinea’s largest greenfield investment in 40 years, two shunting locomotives for its underconstruction bauxite mining project arrived at the work site, Emirates Global Aluminum said. EGA’s subsidiary Guinea Alumina Corporation is building the mine to extract aluminium ore. The locomotives will be used to move rail wagons around GAC’s loading area at its mine location and at its unloading platform at Kamsar port on the Guinean coast. The first bauxite exports from Guinea Alumina Corporation’s project are expected to start during the second half of next year. GAC is expected to produce about 12 million tonnes of bauxite per year once operational. The total budgeted cost of the project is about $1.4 billion.