Conakry – Guinea has unveiled an ambitious plan to fast-track alumina and iron ore processing, targeting six new refineries by 2030 as part of its drive to capture more value from mineral exports. The initiative reflects the government’s determination to reduce reliance on raw bauxite shipments and establish Guinea as a hub for mineral-based manufacturing in West Africa.
Officials said the plan will create thousands of jobs, attract downstream industries, and strengthen Guinea’s role in regional industrialization. The country already holds more than a quarter of the world’s bauxite reserves, supplying global aluminum producers, and is now positioning itself to expand into iron ore processing.
The announcement comes amid growing calls across Africa for beneficiation policies that ensure resource wealth translates into industrial growth. Guinea’s strategy includes incentives for investors, infrastructure upgrades, and partnerships with international technology providers.
Analysts view the plan as a bold step, but caution that success will depend on stable governance, reliable energy supply, and transparent regulation. If implemented, Guinea could become a model for resource-driven industrialization, shifting from raw exports to value-added products that support regional development.