Fluor secures contract for bauxite mine in Guinea
Fluor Corporation has received an engineering and programme management consultancy contract from Guinea Alumina Corporation (GAC) for a major bauxite mine in the Boké region of Guinea, West Africa.
GAC is wholly owned subsidiary of Emirates Global Aluminium.
This project marks Emirates Global Aluminium’s entry to the global bauxite market.
Fluor booked this $700m contract into backlog in the fourth quarter of 2016. Under the contract, Fluor will work with GAC to develop the 12 million tonnes per annum bauxite mine.
The company will also manage a dedicated export terminal in Port Kamsar and rail and other associated infrastructure upgrades.
The mine is expected to start commercial production by next year and will supply quality raw materials for alumina production facilities worldwide.
Fluor Mining and Metals business president Rick Koumouris said: “Fluor has worked with GAC since the preliminary phase of the project to develop a customised, capital-efficient design to meet the company’s unique business objectives.
“We will leverage our global expertise in marine structures, port terminals and mineral processing along with our experience in Guinea to deliver innovative design and project execution solutions that improve capital efficiency.”
In the second quarter of last year, Fluor successfully completed the feasibility study for GAC.
Emirates Global Aluminium managing director and chief executive officer Abdulla Kalban said: “Guinea Alumina Corporation, a key investment for Emirates Global Aluminium, will drive significant local growth within Guinea and secure Emirates Global Aluminium’s position upstream in the aluminium chain.
“We look forward to our continued relationship with Fluor to ensure further cost-optimisation and ultimately a safe and successful project.”
Fluor Corporation is an engineering, procurement, fabrication and construction company that specialises in designing, building and maintaining capital-efficient facilities.
Headquartered in Irving, Texas, Fluor generated revenues of $18.1bn 2015.