According to a tender published on Guineenews.org, Guinea’s mines ministry issued a call for consultants for its plan to establish a market price for sales of bauxite.

The notice said that West African nation wants to set a selling price of bauxite applicable to companies in Guinea. According to the notice, the policy is in line with the country’s new mining code.

United Co Rusal, Rio Tinto Plc and Alcoa Inc operate in Guinea, the world’s biggest exporter of bauxite.

(Sourced from Bloomberg)