SMM News: Chinalco's first overseas large-scale aluminum project, the Boffa bauxite project in Guinea, was held on the 28th local time in Bofa, Guinea. The first phase of the project will be an annual output of 12 million tons of bauxite, which will increase the company's mine self-recovery rate to 75%. Chinalco said that the project is a major cooperation for mutual benefit and win-win cooperation under the framework of cooperation between the two governments. It has opened a new chapter for China-Shenzhen cooperation. According to reports, in recent years, China Aluminum has continuously investigated and explored and determined the Boffa mine in the northeastern part of Bofa City, Bofa Province, Guinea. The mine has a resource reserve of about 1.75 billion tons and a sustainable mining period of more than 60 years. After it is completed and put into production, it will become an important source of overseas aluminum bauxite resources of China Aluminum, and continuously improve the company's mineral resources protection and sustainable development capabilities. Huang Wei, Chinese ambassador to Guinea, said that the Boffa bauxite project started construction is the best testimony to the implementation of the Beijing Summit of the China-Africa Cooperation Forum. I hope that the two sides will strengthen cooperation in the future and promote the development of China and Guinea on the road of cooperation and win-win. OK, to achieve greater development.