Bauxite from EGA's GAC arrives at Dongjiakou port
2020-03-20 15:59:12 [Print]
On March 15, 2020, the first shipment of the commercial bauxite mine of Emirates Global Aluminum (EGA) arrived at Dongjiakou port of Qingdao with a total weight of about 177,500 tons. The goods were shipped from Guinea in January.
On November 25, 2019, EGA announced that it signed a five-year bauxite supply contract with Xinfa Group and will supply bauxite from the company's Guinea Alumina Corporation (GAC).
GAC began exporting bauxite in August 2019. EGA invested some $1.4 billion to develop GAC, one of the largest greenfield investments in Guinea in the past 40 years.
EGA set up a transshipment facility in Guinea so that its bauxite can be transported by Capesize vessels to reduce the cost of shipping per ton.
EGA also signed a long-term contract with India's Vedanta in July 2019 and will supply bauxite by GAC.
On November 25, 2019, EGA announced that it signed a five-year bauxite supply contract with Xinfa Group and will supply bauxite from the company's Guinea Alumina Corporation (GAC).
GAC began exporting bauxite in August 2019. EGA invested some $1.4 billion to develop GAC, one of the largest greenfield investments in Guinea in the past 40 years.
EGA set up a transshipment facility in Guinea so that its bauxite can be transported by Capesize vessels to reduce the cost of shipping per ton.
EGA also signed a long-term contract with India's Vedanta in July 2019 and will supply bauxite by GAC.
Bauxite Al2O3 60%min, Al/Si 5.0, Ex-VAT Delivered China
Unit:RMB/mt
China bauxite producers' output statistics by province by month
Unit: mt
