[Tianshan Aluminum responds to the progress of the bauxite mining project in Guinea] On June 11th, Tianshan Aluminum [002532.SZ] responded to investors' inquiries about the progress of the bauxite project in Guinea on an investment platform. The company stated that it has completed the equity acquisition of a local mining company and obtained exclusive rights to purchase bauxite products. The project is designed to produce and transport approximately 6 million tons of bauxite per year, with a mining area of approximately 200 square kilometers. Currently, the project has entered the mining stage, and the first batch of ore will soon be shipped back to China to meet the demand for raw materials for the company's domestic alumina production.
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