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Global Alumina Corporation Congratulates G8 On Efforts To Aid Africa

Global Alumina Corporation Congratulates G8 On Efforts To Aid Africa

Published 07-14-05

Submitted by Global Alumina Corporation, (Global Alumina)

TORONTO, ON - Global Alumina Corporation, (Global Alumina) (TSX: GLA.U) a company that proposes to produce alumina for sale to the global aluminum industry, announced last week its public support of the efforts being undertaken by the G8 at this year's Summit in Gleneagles.

As previously reported by the G8, the challenges facing Sub-Saharan Africa ranging from extreme poverty to a majority of the world's AIDS epidemic have made international cooperation to support the continent and achieve lasting progress a priority agenda item. Over the past five years, Global Alumina has worked extensively with the government of the Republic of Guinea to develop a 2.8 mtpa world-class alumina refinery. The multi-billion dollar project, slated to be complete by 2009, will be the largest investment project ever realized in Guinea and will help transform Guinea's economy.

As part of Global Alumina's alumina refinery project, the Company is investing in vocational training, educational, health and other social infrastructure for Guineans who will be employed on the project. Additionally, the Company will be upgrading the region's surrounding infrastructure through the construction of new roads, port facilities, rail spurs, a coal-fired power plant, water reservoir and sanitation and drainage facilities.

"We applaud the efforts of the G8 to support international development aid in Africa at this pivotal point in the continent's history," stated Bruce Wrobel, Global Alumina's Chairman and CEO. "It remains our priority to align our long-term business goals with the global call to action to initiate economic stimulation and progress in Africa. As a result of the construction of the refinery and surrounding permanent infrastructure, we hope to see measurable improvements in Guinea's ability to flourish and become economically self-sufficient."

ABOUT GLOBAL ALUMINA

Global Alumina Corporation is a company that intends to use the vast bauxite resources of Guinea to produce alumina for sale to the global aluminum industry. Global Alumina is positioned to be one of the largest companies focused solely on alumina production and sales, and offers an opportunity for socially responsible investing in a country that holds over one-third of the world's bauxite resources. Global Alumina is headquartered in Saint John, New Brunswick with operations in Boké, Guinea and has administrative offices in New York, London, Montreal and Conakry, Guinea. For further information, visit www.globalalumina.com.

Global Alumina Corporation, (Global Alumina) logo

Global Alumina Corporation, (Global Alumina)

Global Alumina Corporation, (Global Alumina)

Global Alumina Corporation is a company that intends to use the vast bauxite resources of Guinea to produce alumina for sale to the global aluminium industry. Global Alumina is positioned to be one of the largest companies focused solely on alumina production and sales, and offers an opportunity for socially responsible investing in a country that holds over one-third of the world's bauxite resources. Global Alumina is headquartered in Saint John, New Brunswick with operations in Boké©, Guinea and has administrative offices in New York, London, Montreal and Conakry, Guinea.

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