Date: 18 July 2016 ، the watch 00:00
News ID: 461

Conakry Guinea to Supply Iran’s Aluminum Bauxite

Mines and Geology Minister of Conakry Guinea and chairman of the board of IMIDRO defined roadmap and path of the bauxite supply for Iran’s Aluminum projects in long term period.
Conakry Guinea to Supply Iran’s Aluminum Bauxite

Mines and Geology Minister of Conakry Guinea met chairman of the board of IMIDRO in Tehran. Also, Conakry Guinea’s Ambassador in Iran, manager of Societe des Bauxites de Dabola-Tougue (SBDT) and managers of some aluminum and mining companies attended the meetings. During the meeting Mehdi Karbasian and Abdoulaye Magassouba stressed for providing bankable feasibility study in the next months.
During the meeting Mines and Geology Minister of Conakry Guinea noted the mining potentials of his country and capabilities of Iranian companies in mining sector and said that Iranian partners could meet the needs of technology and professional deficits of mining sector in Conakry Guinea .Therefore, Conakry Guinea’s rich mineral reserves will provide conditions for cooperation with Iran.
According to Abdoulaye Magassouba, Conakry Guinea has 14.9 billion tonnes geological reserves and 4 billion tonnes proven reserves of bauxite .Also, the mine which is dedicated to SBDT has 70 million tonnes reserves.
He added that Conakry Guinea is willing to benefit from Iranian companies’ proficiency in mining, processing, education etc., .sectors.

Report of this project with the aim of production and export of 4 MTPY bauxite to Iran is in the final phase. The BFS report is being provided by European (British-German) consultants and is forecasted to be finalized on October 2016, Karbasian said.
Karbasian noted the 400 thousand tonnes capacity of aluminum production in Iran and expressed that two-thirds of our required raw material for aluminum production in the country is being supplied from import so we should access to reliable resources and cooperation with Conakry Guinea will make this opportunity for us.
Iran aimed to reach 1.5 million tonnes production capacity of aluminum ingots in 20-year outlook so supply of required bauxite is very important , he added.

source: imidro