Compagnie des Bauxites de Guinée (CBG), one of the world’s largest bauxite explorers, has signed a long-term supply agreement with Abu Dhabi’s Mubadala Development Company, the companies said.
“This is a good deal for both Guinea and the UAE,” Guinean minister of mines and geology Mohamed Lamine Fofana said in a statement. “The agreement reached today will see a major investment in the bauxite industry, significantly expanding the production of bauxite and creating much-needed jobs for Guineans.”……………………………………….Full Article: Source