SPIC to Build Guinea’s Largest Alumina Refinery
China’s State Power Investment Corp. (SPIC) is set to begin constructing a major alumina refinery in Guinea this year. This is after three years of successful bauxite production in the West African nation. The refinery, with an annual capacity of 1.2 million tonnes of alumina, is expected to be completed by the end of 2027. According to a statement from the Guinean presidency. This facility will become the largest alumina plant in Guinea and the second of its kind. Joining Russian-owned Rusal Friguia’s refinery, which produces around 600,000 tonnes per year.
Integrated Infrastructure and Economic Goals
In addition to the refinery, SPIC plans to construct a 250-megawatt power plant, contributing 100 megawatts to Guinea’s national grid. Moreover, the company shipped 3.14 million tonnes of bauxite in 2023, highlighting its commitment to Guinea’s mining sector. This move aligns with the country’s military government’s efforts to encourage on-site mineral processing to enhance economic growth. As the world’s largest bauxite exporter, Guinea aims to maximise its resources by transitioning from raw material exports to value-added production.
Government Push for Local Processing
SPIC’s agreement follows the Guinean government’s push for compliance from mining firms. Recently, the military junta led by General Mamadi Doumbouya stopped bauxite shipments from Emirates Global Aluminum, urging the company to expedite its refinery project. The government has made it clear that SPIC must commence commercial alumina production by December 2028. Otherwise, it is going to risk losing its mining concession. Lastly, these measures underscore Guinea’s determination to leverage its mineral wealth for long-term economic benefits.
