Welcome to eMail News Delivery, a service from Business Wire.
Here is your Industrial Information Resources Inc. news release.
If you have received this in error please send a message to:
eMailDelivery@businesswire.com
with the following command in the body of the message:
 unsubscribe TX-INDUSTRIAL-INFO-RES
If you have questions about this service, please contact your
Business Wire Account Executive or service@businesswire.com


BW0034  OCT 15,2001       2:00 PACIFIC      05:00 EASTERN


( BW)(TX-INDUSTRIAL-INFO-RES) Russia Versus the Rest in Guinean
Bauxite Scrap, in an Advisory by Industrialinfo.com

    Business Editors

	   HOUSTON--(BUSINESS WIRE)--Oct. 15, 2001--The following is an
advisory by Industrialinfo.com (Industrial Information Resources Inc.;
Houston, Texas). The Dian-Dian bauxite concession in the West African
country of Guinea is the bone of contention between Russian Aluminium
(Rusal) and a consortium, CBG (Compagnie des Bauxites de Guinee),
which has among its members Pechiney, Comalco, Alcoa, VAW and Alcan.
The Russians already have a concession at Kindia but set the cost of
bauxite production at Dian-Dian at roughly 50% of their Kindia deal.
They claim that a deal was struck when the Guinean president visited
Moscow in July, which pre-empted the CBG group who in turn claim to
have first right of refusal with the government in the capital Conakry
and are challenging Rusal's claim.
	   Dian-Dian is reported by Rusal to hold between 400 million and one
billion tons of bauxite. Local Guineans are split between increasing
support for the Russians to assist in developing the national alumina
and mining industry and those who doubt whether the Russians will
eventually build a planned alumina refinery in Guinea. The latter
faction sees CBG benefits in broad industry involvement and the
stability of its members.
	   Industrialinfo.com provides daily news related to the industrial
market place including industry alerts and databases for the energy
and industrial markets. For more information on trends and upcoming
construction activities for the Metals & Minerals industry as well as
other industrial sectors send inquiries to
metalsandmineralsgroup@industrialinfo.com or visit us at
www.industrialinfo.com.

    --30--CM/na*

    CONTACT: Industrialinfo.com, Houston
             Trey Hamblet, 713/783-5147

    KEYWORD: TEXAS RUSSIA INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: MINING/METALS
    SOURCE: Industrialinfo.com

For the best viewing of the news releases please
 use the following email settings:  Courier 10 point.
 -Notice of Copyright and General Disclaimer-
 (c) 2000 Business Wire. All of the releases provided by Business Wire
 are protected by copyright and other applicable laws, treaties and
 conventions. Information contained in the releases is furnished by
 Business Wire`s members who are solely responsible for their content,
 accuracy and originality. All reproduction, other than for an
 individual user`s reference, is prohibited without prior written
 permission.

- Notice of Copyright and General Disclaimer --
(c) 1999 Business Wire. All of the releases provided by Business Wire
are protected by copyright and other applicable laws, treaties and
conventions. Information contained in the releases is furnished by
Business Wire`s members who are solely responsible for their content,
accuracy and originality. All reproduction, other than for an
individual user`s reference, is prohibited without prior written
permission.