CHEC inks with ACG to build infrastructures for bauxite export project
2017-04-27 17:45:06 [Print]
China Harbour Engineering Company Ltd. (“CHEC”) signed a general contract concerning the construction of bauxite export project (marine structure, “the project”) with Alumina Company of Guinea (“ACG”) in Conakry, capital of Guinea, on 25th. The total signing price is USD65 million.
According to information from both parties, the owner of the project is ACG, a subsidiary of Emirates Global Aluminium ("EGA") registered in Guinea. The project adopts the design-build method and the project content includes constructions of piers wharf, approach bridge, loading platform and other ancillary facilities, with a project term of 64 weeks.
The project is expected to achieve an annual capacity of 12 million tons upon completion and directly create 4,000 of employment positions.
According to information from both parties, the owner of the project is ACG, a subsidiary of Emirates Global Aluminium ("EGA") registered in Guinea. The project adopts the design-build method and the project content includes constructions of piers wharf, approach bridge, loading platform and other ancillary facilities, with a project term of 64 weeks.
The project is expected to achieve an annual capacity of 12 million tons upon completion and directly create 4,000 of employment positions.
Bauxite Guinean 45%min CIF China
Unit:USD/dt
China bauxite producers' inventory statistics by province by month
Unit: mt
