Mines: Conakry Avoids Arbitration with Emirati GAC and Takes Control of Bauxite

JeuneAfrique.com

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After several months of negotiations, Conakry reached an agreement with the Emirate company Guinea Alumina Corporation. This victory is part of a general desire to regain control over the bauxite of the country.

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The Republic of Guinea, represented by the Minister of Mines and Geology and the Minister of Economy, Finance and Budget, of the one part, and the companies Guinea Alumina Corporation (GAC) and Emirates Global Aluminium(EGA), of the other part, have reached an amicable agreement to put a definitive end to the disputes related to the cessation of GAC's activities in Guinea and to the interruption of the supply of bauxite to the EGA group. The agr…

Africa Guinee | Actualité sur la Guinée et l'Afrique

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CONAKRY – This is a major step forward in a matter that has crystallized tensions for several months. The Republic of Guinea and Guinea Alumina Corporation (GAC), a subsidiary of the Emirates Global Aluminium Group (EGA), have reached an amicable agreement to put an end to their dispute. Under the terms of this agreement,