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Ashapura Minechem, an Indian mining company, operates one of Guinea's major bauxite export businesses, mining and shipping ore from deposits such as Boffa East and Kindia region's Fako deposit. Guinea has become the company's key growth engine, delivering record revenue and driving profit growth in recent years. Ashapura has expanded logistics capacity, raising Boffa Port's handling capacity to 8 million tonnes annually, and partnered with China Railway to jointly develop Fako bauxite deposit in Kindia. The company targets 15 million tonnes of annual exports by FY28, worth roughly USD 1 billion, positioning Guinea as central to its global bauxite strategy.
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