Dubai-Mubasher: Emirates Global Aluminium (EGA) expects to complete a feasibility study on its bauxite mine and alumina refinery project in Guinea by the first quarter of 2016, said CEO Abdulla Kalban.
On the sidelines of an aluminium conference, Kalban said the project will have two phases; Phase one is the mining of 8 to 12 million tonnes of bauxite for export.
"As for phase two, we are talking about a 2 million-tonne alumina refinery," he said. "We just need to know how much we are going to budget and how much it is going to cost us."
In 2013, EGA signed a $5 billion agreement with Guinea to develop the mine and refinery in the West African country to secure raw material for United Arab Emirates' aluminium plants.
