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Iran, Guinea Conakry to boost cooperation in mining sector

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Iran to discuss re-activation of its bauxite mine in Guinea -Conakry after a 23-year delay in the project during the Sunday visit by the African country’s minister of Mines and Geology to Tehran.

Abdoulaye Magassouba is expected to arrive in Iran tomorrow to hold talks with Iranian officials on development of mining cooperation, Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) declared in a statement released on Saturday.

Iran and Guinea Conakry are expected to hold a meeting on enhancement of cooperation in the Aluminum industry as the Islamic Republic is intended to provide the bauxite it needs for its Aluminum industry from Guinea Conakry.

Magassouba will meet with the Iranian Ministry of Industry, Mine and Trade high-ranking officials as well as IMIDRO and Foreign Ministry officials, the statement said.

The African official will also pay a visit to Iran’s research and mining centers.

The Shareholders and managerial board of the Societe des Bauxites de Dabola-Tougue (SBDT) in their recent joint General Assembly meeting agreed on resumption of activity of the SBDT as well as on extending the formerly reached agreements and mineral licenses.

Officials from the two countries inked industrial and mineral cooperation agreements on July 3, 2008.

As per the agreement, Guinea-Conakry undertook to supply the bauxite of the Iranian aluminum industry.

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