EGA to Supply Bauxite from Guinea to Xinfa for 5 Years

Emirates Global Aluminium has signed an agreement with Xinfa to supply bauxite from its Guinea Alumina Corporation bauxite mine in the Republic of Guinea to the Chinese company for the next five years. Under the agreement, EGA will supply Xinfa with millions of tonnes of bauxite each year from 2020, with the first vessel scheduled to load in January. Xinfa is one of the largest aluminium producers in China. Last July, EGA signed a long-term agreement with Vedanta for bauxite supplies from GAC. EGA’s GAC began bauxite exports in August. EGA has developed a transshipment facility in Guinea to enable its bauxite to be shipped using giant Capesize vessels, lowering shipment costs per tonne.