Halco Mining
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Halco Mining is an
aluminium Aluminium (or aluminum in North American English) is a chemical element; it has chemical symbol, symbol Al and atomic number 13. It has a density lower than that of other common metals, about one-third that of steel. Aluminium has ...
company based at Pittsburgh, Pennsylvania (USA). The company is organized under the laws of the state of
Delaware Delaware ( ) is a U.S. state, state in the Mid-Atlantic (United States), Mid-Atlantic and South Atlantic states, South Atlantic regions of the United States. It borders Maryland to its south and west, Pennsylvania to its north, New Jersey ...
in the
United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
. Halco is the 51% owner of the
stock Stocks (also capital stock, or sometimes interchangeably, shares) consist of all the Share (finance), shares by which ownership of a corporation or company is divided. A single share of the stock means fractional ownership of the corporatio ...
of Compagnie des Bauxites de Guinée, the primary aluminium mine and
smelter Smelting is a process of applying heat and a chemical reducing agent to an ore to extract a desired base metal product. It is a form of extractive metallurgy that is used to obtain many metals such as iron, copper, silver, tin, lead and zin ...
operator in Guinea, known as CBG. The consortium was established in 1962 by Harvey Aluminium Company to mine
bauxite Bauxite () is a sedimentary rock with a relatively high aluminium content. It is the world's main source of aluminium and gallium. Bauxite consists mostly of the aluminium minerals gibbsite (), boehmite (γ-AlO(OH)), and diaspore (α-AlO(OH) ...
deposits in the Boké region. Halco/CBG owns the rights to mine bauxite in a 10,000 square kilometer area of northwestern Guinea under a seventy five year lease through the year 2038.
See map


Related organizations

Halco's stock is owned by the following companies: * Alcoa – 45% *
Rio Tinto Group Rio Tinto Group is a British-Australian multinational company that is the world's second largest metals and mining corporation (behind BHP). It was founded in 1873 when a group of investors purchased a mine complex on the Río Tinto, in Hu ...
– 45% * Dadco Investments Limited – 10%


See also

* Aluminium in Africa * Aluminium in Guinea * Gite


References


External links


Halco MiningCBG page at Halco
Aluminium companies of Guinea Mining companies of Guinea Alcoa {{Alcoa