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Glencore wins Guinea bauxite offtake deal
['Liesl Peyper']
Miningmx
GUINEA has selected Glencore Plc as the offtaker for bauxite produced by state-owned Nimba Mining, Bloomberg reports.
Sylla said the government aims to build Nimba Mining into a national mining champion.
Nimba Mining took over the former Guinea Alumina bauxite concession in August last year after a dispute over plans to build an alumina refinery.
Nimba Mining signed its bauxite mining contract with the government earlier this week.
One of its new ventures, Nimba Gold, has signed a memorandum of understanding with Resolute Mining to jointly develop gold projects.