Fluor to manage $700m of Guinea contracts for EGA
Emirates Global Aluminium has awarded an engineering and programme management consultancy contract to Fluor for its under-construction bauxite mine in Guinea
Emirates Global Aluminium (EGA) has awarded a consultancy contract to Fluor for its under-construction bauxite mine in Guinea.
Under the terms of the deal, Fluor will manage approximately $700m worth of construction-related contracts and purchases on behalf the UAE-headquartered aluminium producer.
The engineering and programme management agreement will see Fluor work alongside GAC in Guinea’s Boké region to develop a bauxite mine with an annual production capacity of 12 million tonnes.
The companies will also oversee construction of rail and related infrastructure for the mine, and a dedicated export terminal in the Guinean city of Port Kamsar.
Abdulla Kalban, EGA’s managing director and chief executive officer, said: “The award of this contract is a major step forward in our Guinea project, which is economically important for both Guinea and the United Arab Emirates. I am pleased with our progress in Guinea so far.”
Rick Koumouris, president of Fluor’s mining and metals business, commented: “Fluor has worked with GAC since the preliminary phase of the project to develop 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.”
Working on behalf of GAC, Fluor completed a feasibility study for EGA’s Guinean mine in Q2 2016. The facility, which is being built through an investment of $1bn from EGA, is the largest greenfield project to be developed in Guinea for four decades.
Bauxite is the ore from which most of the world’s aluminium is derived. Material mined at the facility will be refined into alumina feedstock for smelters. EGA is currently constructing the UAE’s first alumina smelter at Al Taweelah in Abu Dhabi.
EGA’s Kamsar Port container terminal facility, which was inaugurated in October 2016, will be used for the export of bulk bauxite samples and the import of equipment for the GAC-led construction project. Upon completion, the project will be opened to the state for third-party use, providing an additional boost for the local economy.
The Boké bauxite mine is expected to contribute 10% to Guinea’s gross domestic product (GDP), and create 4,000 direct and indirect jobs.
Production at EGA’s Guinean facility is expected to commence in 2018.