Guinea Bauxite Sockpile Nears 2 Million Tons as Export Suspension Continues

Guinea Bauxite Sockpile Nears 2 Million Tons as Export Suspension Continues

Emirates Global Aluminium's (EGA) subsidiary in Guinea has accumulated a stockpile of nearly two million metric tonnes of bauxite since the suspension of its operations last year, three sources familiar with the matter told Reuters on Tuesday.EGA, equally owned by Abu Dhabi sovereign wealth fund Mub

EGA bauxite stockpiles top two million tons amid Guinea dispute

EMIRATES Global Aluminium’s Guinea subsidiary has accumulated nearly two million metric tons of bauxite since operations were suspended last year, sources told Reuters on Tuesday. The Dubai-based firm, jointly owned by Abu Dhabi’s Mubadala and Dubai’s Investment Corporation, operates one of Guinea’s largest bauxite mines through Guinea Alumina Corporation (GAC). The stockpile has built up at port and train loading facilities following the suspen…