Metalcorp Group: first commercial shipment of 160,000 tonnes of bauxite in Guinea successfully completed

Metalcorp Group: first commercial shipment of 160,000 tonnes of bauxite in Guinea successfully completed

Luxembourg, 23 February 2023 – Metalcorp Group S.A., a global service provider for the procurement, production, mining and marketing of metals and minerals, is pleased to announce that after several years of investment and preparation, the first commercial shipment of bauxite with a total amount of 160,000 tonnes has taken place. The bauxite is produced by Metalcorp’s subsidiary Société des Bauxites de Guinée (SBG) at its own mine located in Garafiri in Guinea and exported with infrastructure designed for this purpose. The designated port facility located in the Konta region directly loads the Bauxite onto barges that deliver the material to a transhipment vessel, the transhipment vessel then completes the final loading of Bauxite onto a Cape Size vessel destined for an end-user in China.

Carlos Leite, CEO of Metalcorp Group S.A.: “We thank the authorities in Guinea, the local communities and the Guinean institutions for their support. Likewise, our thanks go to our employees and stakeholders whose outstanding performance brought this mine into production and export. The follow-up shipment is in process and we look forward to continuing our positive momentum into the future for the SBG project.”

Photos and footage documenting the loading process are provided on the Metalcorp Group website at https://metalcorpgroup.com/sbg_news/.

About Metalcorp Group S.A.:
Metalcorp Group is a diversified global service provider in the metals and minerals industry including procurement, marketing, mining and processing of such products. The company’s divisions are aluminium, metals and concentrates, bulk and ferrous. The 2021/2026 bond (ISIN: DE000A3KRAP3) and the 2017/2023 bond (ISIN: DE000A19MDV0) are traded on the Open Market of Deutsche Börse AG (“Freiverkehr” of the Frankfurt Stock Exchange).

For further information:
Better Orange IR & HV AG
Frank Ostermair, Linh Chung
+49 89 8896906-25
metalcorp@better-orange.de

Metalcorp Group S.A.
Anouar Belli
+352 2799 0145 55
abelli@metalcorpgroup.com