【SMM Aluminum Flash News】Guinea seeks US financing for CBG alumina refinery as bauxite processing push accelerates
Guinea is looking to bring US financing into its growing push to process more bauxite into alumina at home, with its Mines Ministry holding discussions in the United States over possible support for an alumina refinery planned by Compagnie des Bauxites de Guinée (CBG). The discussions involve the US International Development Finance Corporation (DFC) and Exim Bank, adding a potential US financing component to Guinea’s efforts to expand domestic alumina refining capacity. Chinese capital has so far played a major role in supporting the country’s move towards local bauxite processing.