Global Alumina Announces Updated Interim Project Budget

TORONTO, Sept. 2 /PRNewswire/ -- Global Alumina Corporation (TSX: GLA.U)
(the "Company" or "Global Alumina"), a corporation participating in a joint
venture to develop an alumina refinery, mine and associated infrastructure in
the bauxite-rich region of the Republic of Guinea (the "Project"), announced
that the joint venture has approved an extension and increase to the interim
Project budget through September of $30.9 million (including $5 million in
additional commitments) of which Global Alumina will be responsible for its
one-third share.
About Global Alumina
Global Alumina and its joint venture partners are developing a 3.6 million
metric tons per annum steady state capacity alumina refinery located in the
bauxite-rich region of the Republic of Guinea. The joint venture partners in
the Project are Global Alumina International, Ltd., a wholly owned subsidiary
of the Company, BHP Billiton, Dubai Aluminium Company Limited and Mubadala
Development Company PJSC. The Project is one of the most advanced new projects
in Guinea with the refinery already in feasibility stage and critical path
infrastructure and site work already underway. Global Alumina is positioned to
be one of the only companies focused solely on alumina production and sales.
The Company offers a first mover advantage over other projects in the region
and 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 and has administrative offices in
New York, London and Montreal. For further information visit the company's
website at www.globalalumina.com.
SOURCE Global Alumina

Michael Cella of Global Alumina, +1-212-351-0010, or cella@globalalumina.com;
Barbara Cano of Breakstone Group, +1-646-452-2334, or
bcano@breakstone-group.com