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China to Grant Huge Loans to Guinea to Secure Bauxite 
Sep 8,2017 18:03CST
industry news
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. 

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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

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