Hongfan enters accord to fund Alufer bauxite project

Mar 01, 2013 | 10:55 AM | Felix Njini

Tags  Alufer Mining, Hongfan Industries, bauxite, alumina, Guinea project, Bel Air project, Danny Keating, Felix Njini

WINDHOEK, Namibia — Alufer Mining Ltd. has reached an agreement with China’s Hongfan Industries for the development of its Bel Air bauxite project in Guinea in a deal that could also result in a 5-million-tonne-per-year bauxite offtake arrangement.

Alufer, a mineral exploration company with significant interests in the Republic of Guinea, said Bel Air is expected to come onstream in 2015 with bauxite production of 10 million tonnes annually.....

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