Trade Resources Industry Views Government of Guinea on Friday Cleared a Project by State Owned China Power Investment

Government of Guinea on Friday Cleared a Project by State Owned China Power Investment

Reuters reported that government of Guinea on Friday cleared a project by state owned China Power Investment Corp to invest nearly$6 billion in an alumina refinery in Boffa,some 120 km(75 miles)west of the capital.

The project for the 4 million tonne per year refinery,which also includes a deep water port and a power plant in the mineral-rich west African state,was given the green light during a cabinet meeting on Friday.

The statement said that"The council of ministers authorized the issuance of an environmental compliance certificate for China Power Investment's project clearing the last hurdle before the construction phase."

Source: http://www.steelguru.com/metals_news/Guinea_clears_China_Power_Investment_on_alumina_project/296572.html
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Guinea Clears China Power Investment on Alumina Project
Topics: Metallurgy