![\"\"](\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2018\/07\/GAC.jpg\")
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It is the largest greenfield project of the last four decades in the country and is already now providing a powerful boost to its economy: the Guinea Alumina Corporation (GAC) is developing a large open pit bauxite mine in the West African country in addition to the rail and port infrastructure needed to ship the ore to Abu Dhabi where its parent company, Emirates Global Aluminium (EGA), is constructing the UAE\u2019s first alumina refinery which is expected to enter into operation next year.<\/strong><\/p>\n Guinea sits atop one third of the world\u2019s proven reserves of bauxite. With global demand for alumina strengthening almost continuously, the West African country has sparked the renewed interest of mining companies. A number of projects have been initiated, none larger or more comprehensive in scope than GAC\u2019s mine near Bok\u00e9 in the north-western region of Guinea.<\/p>\n GAC has structured its project with a view to forging a tight partnership with the host country. The company is in Guinea for the long haul \u2013 the Bok\u00e9 concession runs for 25 years and is automatically renewable for another quarter century \u2013 and seeks to help Guinea develop not just the national economy but its human resources as well. GAC maintains a vast training programme to help Guineans acquire the skills needed to run the company\u2019s entire operation. It is GAC\u2019s stated goal to have, before long, a complete Guinean team of professionals in place to operate its facilities in the country. The company has also initiated a comprehensive corporate social responsibility programme to help local communities and implemented a set of environmental policies that exceed globally accepted standards.<\/p>\n The CFI.co judging panel notes that GAC runs one of the safest mining operations in West Africa and, once fully operational, is expected to contribute up to $400 million annually to the country\u2019s exchequer. The judges are most pleased to offer Guinea Alumina Corporation (GAC) the 2018 Best ESG Mining Project West Africa Award.<\/p>\n","protected":false},"excerpt":{"rendered":" It is the largest greenfield project of the last four decades in the country and is already now providing a powerful boost to its economy: the Guinea Alumina Corporation (GAC)<\/p>\n","protected":false},"author":1,"featured_media":5838,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[4,23,22,53,14,29,24],"tags":[73],"class_list":["post-5836","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-africa","category-corporate-governance","category-csr","category-front","category-industries","category-mining","category-sustainability","tag-esg"],"yoast_head":"\n