Glencore – Nimba Mining Company bauxite offtake and pre-financing agreement

Coverage: The Meridian legal market record (editorial). ADNA advised Glencore on a five-year bauxite offtake and pre-financing agreement with Nimba Mining Company (NMC), Guinea’s state-owned miner. The agreement was signed in Paris on 7 September after a competitive international tender. Linklaters acted as international counsel on the deal. Glencore commits more than C$300 million in…


Coverage: The Meridian legal market record (editorial).

ADNA advised Glencore on a five-year bauxite offtake and pre-financing agreement with Nimba Mining Company (NMC), Guinea’s state-owned miner. The agreement was signed in Paris on 7 September after a competitive international tender. Linklaters acted as international counsel on the deal. Glencore commits more than C$300 million in financing. In return it secures access to up to 60 million tonnes of Guinean bauxite. It will pre-finance NMC’s operations and market 10–12 million tonnes a year over the term. NMC is wholly owned by the Republic of Guinea. It was set up to increase national participation in Guinea’s mineral resources. The deal forms part of Guinea’s Simandou 2040 programme. Cooperation could extend to alumina refining, energy and skills transfer.

Value (as reported): More than C$300 million.

Law firms: ADNA – Counsel to Glencore; Linklaters – International counsel on the deal (client not specified).

Lawyers named: Salimatou Diallo (ADNA); Boubacar Diao (ADNA); Salimata Sow (ADNA); Mariama Toupe Bah Segui Tanon (ADNA); Tamba Adrien Iffono (ADNA); Aymeric Voisin (Linklaters); Toby Grimstone (Linklaters).

Parties: Offtaker/financier: Glencore; Counterparty: Nimba Mining Company (owned by Republic of Guinea).

Jurisdiction (as reported): Guinea · Sector (as reported): Mining / Bauxite.

Source: LinkedIn firm publication, posted 26 October 2026. Meridian record LI-DL-2026-0291.