CORRECTED - FACTBOX-Cameroon oil, minerals investment projects

Tue Dec 1, 2009 10:00am GMT
 
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(Removes reference to mining in paragraph 4)

Nov 30 (Reuters) - Cameroon hopes to triple electricity output to 3,000 MW by 2020 through a series of hydro and thermal generation projects, the government said this month.

The move is aimed at increasing public access to power in the West African coastal nation while also paving the way to expand the energy-intensive mining sector.

Below is a list of investment projects in a country aiming to further develop its energy and mineral resources and expand its ports:

ALUMINIUM, BAUXITE

- Rio Tinto Alcan is a partner with Cameroon's government in Alucam, an operation scheduled to include a 1 million tonne aluminium smelter at Kribi. Rio has said the project, including a 1,000 megawatt hydroelectric dam to power the smelter, will cost 140 billion CFA francs ($317.6 million). Construction timeline is 2015-18.

- U.S. firm Hydromines, the United Arab Emirates's Dubai Aluminium (DUBAL) and India's Hindalco Industries have formed Cameroon Alumina Limited (CAL), a bauxite mining operation. The consortium says it has found 550 million tonnes of bauxite and is targeting at least another 200 million tonnes.

With start-up planned for 2013, the consortium plans to invest $5-6 billion in a bauxite mining and refinery project at Ngaoundal, north of the capital, Yaounde, and a railway linking the project to the port of Kribi, 860 km away. The expected bauxite output is 4.5-9 million tonnes per annum.   Continued...

 

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