Mubadala Signs Long-Term Bauxite Agreement from Guinea
Posted on 11/06/2012
Mubadala Development Company and Compagnie des Bauxites de Guinee (CBG) inked a long-term supply agreement for bauxite. Bauxite is the key raw material in aluminum. Guinea is the world’s biggest exporter of bauxite. The deal is expected to add $500 million to Guinea’s gross domestic product. This investment will increase CBG’s capacity and securing a […]