Guinea seizes $1B bauxite mine from UAE giant in historic resource grab
In a bold move to take control of its vast mineral wealth, the Guinean government has revoked the bauxite mining concession held by Emirates Global Aluminium (EGA) through its subsidiary, Guinea Alumina Corporation (GAC), transferring it to a newly established state-backed entity, Nimba Mining. The decision was announced on state television, *Radio Télévision Guinéenne*. It…