Bloomberg News

Guinea’s Mines Ministry Seeks Consultants to Fix Bauxite Price

December 30, 2011

Dec. 30 (Bloomberg) -- Guinea’s mines ministry issued a call for consultants for its plan to establish a market price for sales of bauxite, according to a tender published on Guineenews.org.

The West African nation wants to set a “selling price of bauxite applicable to companies in Guinea,” the Conakry-based ministry said in the notice. The policy is in line with the country’s new mining code, according to the notice.

United Co. Rusal, Rio Tinto Plc and Alcoa Inc. operate in Guinea, the world’s biggest exporter of bauxite.

To contact the reporter on this story: Ougna Camara in Conakry at ocamara@bloomberg.net

To contact the editor responsible for this story: Emily Bowers at ebowers1@bloomberg.net


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