Suriname bauxite project attracts Chinalco; Chinese miner agrees to pump in $426 million

  • Wednesday, November 27, 2024
  • Source:ferro-alloys.com

  • Keywords:market, mining industry,mine,steel,iron ore,
[Fellow]Chinese mining company Chinalco could invest some $426 million in bauxite mining in Suriname

【Ferro-alloys.com】: Chinese mining company Chinalco could invest some $426 million in bauxite mining in Suriname, the chair of a Surinamese presidential mining commission said on Monday, with the South American country expected to get a 13% share in the project.

If approved by parliament, Chinalco could begin construction by the middle of next year and would produce 6 million tonnes of bauxite – the key ore for aluminum – per year, said government advisor Daniel Lachman.

  • [Editor:Alakay]

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