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Gaoual bauxite project: CBG signs a memorandum of understanding

04/09/2023
Source : ORISHAS FINANCE
Categories: Sectors

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The MOU signed with Compagnie des Bauxites de Guinée (CBG) provides the framework that allows Lindian to supply bauxite from its Gaoual mine.

The Guinea Bauxite Company (CBG) is one of the largest bauxite producers in the world with operations concentrated in Guinea. Under the terms of the MOU, Lindian has undertaken to carry out a Feasibility Study on Gaoual whose study meets the criteria of the CBG and the environmental and social standards to which the CBG is bound. Asimwe Kabunga, executive president of Lindian said he was delighted to collaborate with CBG to advance Gaoual. They have an exceptional pedigree as one of the most respected and largest bauxite producers and suppliers in the world. The MoU provides an excellent framework for rapidly moving Gaoual forward

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