Guinea Hopeful for Bellzone -FT Security

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Wed, May 12, 2010
Aluminum Market News
Post by Mike Rodger, Aluminum Reporter

Guinea’s Bellzone, top supplier of aluminum ore bauxite, hopes to bag the second major international investment in the mining field second to Vale, a Brazilian giant who made a $2,5-billion deal in April. This was confirmed by Mines Minister Mahmoud Thiam.

Mines Minister Mahmoud Thiam is quoted saying during a Reuters interview:

“We are aware of negotiations between Bellzone and several major foreign partners. To our knowledge, it is not the Chinese who are in the best position in these talks.”

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