Emirates Global Aluminium (EGA) has marked its 100th shipload of bauxite, which was exported from the Republic of Guinea, since the start-up of its bauxite-mining subsidiary Guinea Alumina Corporation (GAC) in August 2019.
EGA uses Capesize vessels, up to 300 metres long and 50 metres wide, to transport around 180,000 tonnes of bauxite ore on one vessel. So far EGA has exported over 16.4 million dry metric tonnes of bauxite from Guinea. The aluminium content of the GAC bauxite exported so far would be enough for three million tonnes – which could build over 9,000 A380 airliners. Mined ore is also transported by trains able to carry 11,180 tonnes of bauxite ore, the weight of the Eiffel tower.
EGA works alongside customers in China and India, but some GAC bauxite is brought to the UAE as feedstock for EGA’s Al Taweelah alumina refinery in Abu Dhabi.
EGA’s Chief Executive Officer, Abdulnasser Bin Kalban, said:
“In less than two years since the start-up of GAC, we have established EGA as an important player in the global seaborne merchant bauxite market. I commend the GAC team for reaching the milestone of 100 ships sailed. We are just beginning, and look forward to growing our production in Guinea further to create more value for EGA and the Guinean economy.”
EGA’s Chief Executive Officer, Abdulnasser Bin Kalban
The development of GAC cost $1.4 billion, and was one of the largest Greenfield Investments in Guinea in over four decades. The project makes a direct, indirect and induced contribution of $700 million each year to Guinea’s economy, a 5.5 per cent boost to GDP and employs over 2,700 people.
For more information, visit:
https://www.ega.ae/en/media-releases/2021/july/gac-100th-shipment