Home / Metal News / China to Grant Huge Loans to Guinea to Secure Bauxite 

China to Grant Huge Loans to Guinea to Secure Bauxite 

iconSep 8, 2017 18:03
Source:SMM
China agreed on Wednesday to lend $20 billion to Guinea over 20 years in exchange for bauxite. 

SHANGHAI, Sept. 8 (SMM) – China agreed on Wednesday to lend $20 billion to Guinea over 20 years in exchange for bauxite. 

Breaking News: Henan to Suspend Construction and Expansion of Small Bauxite and Iron Ore Mines

The projects guaranteed by the loan include China Power Investment Corporation’s planned alumina refinery and Chalco’s bauxite mine and another bauxite project by China Henan International Cooperation Group. 

Chalco to Put Aluminum Project Online Soon

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 

china
guinea bauxite

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news