[SMM Aluminum Flash News] Chalco Plans USD 1 Billion Alumina Project in Guinea

Published: May 28, 2026 09:48

Save

The Aluminum Corporation of China (Chalco) plans to invest USD 1 billion in a 1.2-million-tonne-per-year alumina project in Boffa, Guinea. The project will be developed through its wholly owned subsidiary Chalco Hong Kong, with construction expected to take three to four years. Chalco Hong Kong and Chalco Guinea Mining and Ports Company have signed a revised mining agreement with the Guinean government, and a wholly owned project company will be established to operate the project. The development remains subject to shareholder approval and regulatory approvals in Guinea.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

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

Related News

45 mins ago

Cost Pressure Continues to Be Transmitted, Support Below Aluminum Fluoride Prices Strengthens [SMM Fluoride Salt Weekly Review]

45 mins ago

1 hour ago

SHFE Cast Aluminum Alloy Warrants Down 40 mt to 33,203 mt on June 25

[SMM Flash] SHFE data showed that on June 25, the total registered warrants for cast aluminum alloy were 33,203 mt, a decrease of 40 mt from the previous trading day. Specifically, the total registered warrants in Shanghai were 3,558 mt, unchanged from the previous trading day; in Guangdong, 5,462 mt, an increase of 263 mt; in Jiangsu, 7,505 mt, a decrease of 60 mt; in Zhejiang, 10,517 mt, a decrease of 213 mt; in Chongqing, 5,316 mt, a decrease of 30 mt; and in Sichuan, 845 mt, unchanged from the previous trading day.

1 hour ago

China's Aluminum Wire Exports Surge 131.4% in May, Hitting 5-Year Record High【SMM Analysis】

1 hour ago