Bauxite Transport Deal

TOKYO-Mitsui O.S.K .Lines Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that it held a signing ceremony for a five year bauxite transport contract with Alufer Mining Limited (Alufer; Chairman: Adonis Pouroulis, CEO: Bernard Pryor(*) The contract was signed by Toshiaki Tanaka, MOL’s Head of Dry Cargo, and Bernard Pryor at MOL’s offices in Tokyo. Alufer has received all required permissions from the government of Guinea with regard to building the Bel Air bauxite mine and construction commenced in January 2017. The Bel Air mine is located 15km from the coast near the Cap Verga peninsula, 120km north of…