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.
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