{"id":42234,"date":"2026-08-12T09:41:07","date_gmt":"2026-08-12T07:41:07","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=42234"},"modified":"2026-08-12T09:41:07","modified_gmt":"2026-08-12T07:41:07","slug":"guinea-grants-glencore-exclusive-bauxite-mining-rights","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/guinea-grants-glencore-exclusive-bauxite-mining-rights\/","title":{"rendered":"Guinea grants Glencore exclusive bauxite mining rights"},"content":{"rendered":"<div>Guinea has given exclusive rights of its most precious mineral the bauxite to mining giant Glencore.<\/div>\n<div><\/div>\n<div>Government of Guinea picked the multinational commodity trading firm as the official off taker of the bauxite which is produced by the country&#8217;s state-owned Nimba Mining Company.<\/div>\n<div><\/div>\n<div>The move is to allow the West African nation to exercise tighter oversight over export volumes and diversify its global buyer base.<\/div>\n<div><\/div>\n<div>Secured through an international tender, the partnership includes a 350 million dollars advance from Glencore to help Nimba Mining scale production from 4 million tons to a target of 12 million tons by 2027.<\/div>\n<div><\/div>\n<div>Bauxite is considered a critical and highly valuable commodity because it is the world&#8217;s primary raw source for aluminium production and Guinea holds the world&#8217;s largest reserves of this mineral.<\/div>\n<div><\/div>\n<div>&#8211;ChannelAfrica&#8211;<\/div>\n","protected":false},"featured_media":21134,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-42234","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"Guinea gives exclusive rights of its bauxite to mining giant Glencore","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/42234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/42234\/revisions"}],"predecessor-version":[{"id":42235,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/42234\/revisions\/42235"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/21134"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=42234"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=42234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}