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UAE Aluminum Maker EGA Says Guinea Ends Unit’s Operating Accord

Summary by Bloomberg
Emirates Global Aluminium PJSC said the government of Guinea “wrongfully” terminated the agreement that allows the operations of the company’s unit in the west African country.

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In Guinea, a new stage reached in the arm of iron between the junta and the EGA Emirian group. The basic agreement of a bauxite mine of the Guinean subsidiary of the group was terminated on Wednesday 9 July. This is in any case what the mining group assures in a press release, without confirmation of the Ministry of Mines for the moment. The dispute lasts for almost a year, the government reproaching the mining group for failing to comply with i…

·Paris, France
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Emirates Global Aluminium (EGA), the parent company of Guinea Alumina Corporation (GAC) announced this Wednesday, July 9, 2025, the termination by the Government of Guinea of its basic agreement with its Guinean subsidiary. A decision that, according to GAC, results in the abolition of more than 2,000 posts, including employees and subcontractors...

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Bloomberg broke the news in United States on Wednesday, July 9, 2025.
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