The project involves the construction of an alumina refinery in the Sosnogorsk region with a capacity of 1.4 mln tonnes per annum, and the expansion of the output of the existing Eurasia Middle-Timan bauxite mine to 6.4 mln tpa from 2.6 mln, it said.
Construction of the refinery will start next month, while the complex [...]

Guinea`s Mines Ministry said the country`s parliament had recommended it renegotiate contracts with a US oil company and a Russian-controlled bauxite producer to obtain better terms for the nation.
Guinea`s new government, appointed in March as part of a deal to end violent strikes and protests in the world`s top bauxite exporter, said last month it [...]