UAE industrial giant receives transport for $1.4bn Guinea mine project

      Published on Saturday, 10 November , 2018      5 Views      Comments Add Comment
UAE industrial giant receives transport for $1.4bn Guinea mine project


Emirates Global Aluminum (EGA) on Thursday announced the arrival of two SD40-2 shunting locomotives that will be used on its under-construction bauxite mining project in the West African country of Guinea.



EGA’s subsidiary Guinea Alumina Corporation (GAC) is building a bauxite mine and associated export facilities in Guinea in the largest greenfield investment in the country in the past 40 years.

The total budgeted project cost of the project is around $1.4 billion, the company said in a statement.

The locomotives will be used to move rail wagons around GAC’s loading area at its mine location and at its unloading platform at Kamsar port on the Guinean coast, it added.

First bauxite exports from Guinea Alumina Corporation’s project are expected to start during the second half of 2019.

GAC is expected to produce 12 million tonnes of bauxite per year once fully operational.

Paulo Castellari, GAC’s CEO, said:

“The arrival of these shunting-locomotives is another milestone in the development of our project, which will boost the mining sector and the economy of the area and of Guinea as a whole.

“Our infrastructure for the mining of bauxite and delivery to ships for export is rapidly taking shape. We are focused on completing our work safely and efficiently.”



GAC said it will use existing railway lines and hauling locomotives for most of the 90km journey from the mine to the port.

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Category Business | 2018/11/10 latest update at 1:10 AM
Source : Arabian Business | Photocredit : Google
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