Guinea Alumina Corporation can trace its origins back to 2001 as Global Alumina with the goal of constructing and operating an alumina refinery in the Republic of Guinea. Emirates Global Aluminium acquired full ownership of GAC in May 2013.
Start of the rail work at Kamsar platform
One-third of project complete
Start of work of loading platform at the concession
Resettlement at the port and the mine achieve
Start of the marine offshore work at Kamsar port.
Awarding of the mining operation and construction infrastructure contract to Bouygues Travaux Public.
Start of work of unloading platform at Kamsar port
Grand opening of the new container terminal in Kamsar under the distinguished patronage of S.E.M., the President of the Republic, Professor Alpha Condé.
EGA’s Board of Directors orders the launch of the first phase of the GAC Project.
The Republic of Guinea Parliament ratifies revised Guinea Alumina Corporation Project Scope.
EGA acquired 100% share of Guinea Alumina Corporation.
The worldwide financial crisis has repercussions on the ability and interest of certain shareholders to finance their contribution in equity capital. Despite these difficulties, the parties involved in the project succeed in maintaining a certain number of commitments, as well as several social and environmental activities in the geographic area of the project.
Global Alumina transfers a majority interest in the project to BHP Billiton (33.33%), Mubadala (8.33%) and DUBAL (25%), and maintains a holding of 33.33%.
Global Alumina, a young publicly-traded Canadian mining company, obtains Mining Concession 149 from the Guinean government to construct and operate an alumina refinery, as well as the related infrastructure.