RESOURCE NATIONALISM: Rusal's Friguia, Vale-BSG jv under spotlight as Guinea contracts review starts

May 03, 2012 | 11:00 PM |

The Guinean government has singled out United Co Rusal’s Friguia aluminium complex, and the joint venture by Vale and Beny Steinmetz Group (BSG) as the first contracts to be examined in its mining contracts review, well-placed sources said. All mining contracts in the country will be under the spotlight, but Guinea, which has just assembled a technical team to review and renegotiate the contracts, will initially set its sights on the most controversial mining deals in the country, sources said. “They will start with the most contentious contracts, for....

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