Alumina Company of Guinea
Encyclopedia
The Alumina Company of Guinea (ACG-Fria) is a bauxite
mining
company based in Fria
, Guinea
. They are the main aluminium producing company in the country, and was once part-owned by the government of Guinea in Conakry
and by the Reynolds Metals Company of Richmond, Virginia
of the United States. However, in 2006 the president of Guinea, Lansana Conte
signed an agreement with Russian giant, United Company RUSAL
privatizing the bauxite and aluminum complex in Fria. This will allow for eventual doubling of the company's capacity.
Bauxite
Bauxite is an aluminium ore and is the main source of aluminium. This form of rock consists mostly of the minerals gibbsite Al3, boehmite γ-AlO, and diaspore α-AlO, in a mixture with the two iron oxides goethite and hematite, the clay mineral kaolinite, and small amounts of anatase TiO2...
mining
Mining
Mining is the extraction of valuable minerals or other geological materials from the earth, from an ore body, vein or seam. The term also includes the removal of soil. Materials recovered by mining include base metals, precious metals, iron, uranium, coal, diamonds, limestone, oil shale, rock...
company based in Fria
Fria
Fria is a town and Sub-prefecture in Lower Guinea, lying north of Conakry near the Amaria dam on the Konkouré River. Population 110,586 . - Overview :...
, Guinea
Guinea
Guinea , officially the Republic of Guinea , is a country in West Africa. Formerly known as French Guinea , it is today sometimes called Guinea-Conakry to distinguish it from its neighbour Guinea-Bissau. Guinea is divided into eight administrative regions and subdivided into thirty-three prefectures...
. They are the main aluminium producing company in the country, and was once part-owned by the government of Guinea in Conakry
Conakry
Conakry is the capital and largest city of Guinea. Conakry is a port city on the Atlantic Ocean and serves as the economic, financial and cultural centre of Guinea with a 2009 population of 1,548,500...
and by the Reynolds Metals Company of Richmond, Virginia
Richmond, Virginia
Richmond is the capital of the Commonwealth of Virginia, in the United States. It is an independent city and not part of any county. Richmond is the center of the Richmond Metropolitan Statistical Area and the Greater Richmond area...
of the United States. However, in 2006 the president of Guinea, Lansana Conte
Lansana Conté
Lansana Conté was the second President of Guinea from 3 April 1984 until his death. He was a Muslim and a member of the Susu ethnic group.-Early life:...
signed an agreement with Russian giant, United Company RUSAL
United Company RUSAL
United Company RUSAL is the world's largest aluminium company, with headquarters in Moscow, Russian Federation. UC RUSAL accounts for almost 11% of the world's primary aluminium output and 13% of the world’s alumina production. The United Company was formed by the merger of RUSAL , SUAL, and the...
privatizing the bauxite and aluminum complex in Fria. This will allow for eventual doubling of the company's capacity.