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SMB produced more than 36 million tons of Bauxite in 2018, [4] and production has since risen to 48 million tons in 2023. [5] According to reports, SMB is Guinea's biggest bauxite producer, and together with the partially state-owned Compagnie des Bauxites de Guinée, the two companies are responsible for moving Guinea into a 22 percent share of the global bauxite market.
Compagnie des bauxites de Guinée (CBG) is a Guinean mining company. Since 1963 it has extracted bauxite from the notable mine in Sangarédi, in Boké Region in Guinea.It is 49% owned by the Guinean State, with the remainder owned by the Boké Investment Company, a 100%-owned subsidiary of Halco Mining, a consortium opened in 1962 by Harvey Aluminum Company to run mining operations in Guinea.
2023 bauxite production and reserves (thousands of tons) [1] Country Production Reserves World: 400,000: 30,000,000
World bauxite production in 2005 One of the world's largest bauxite mines in Weipa, in northern Queensland, Australia. Australia is the largest producer of bauxite, followed by Guinea and China. [8] Bauxite is usually strip mined because it is almost always found near the surface of the terrain, with little or no overburden.
Business as usual at Guinea's bauxite mines following a coup early this month and China's campaign to reduce domestic energy consumption have mitigated concerns about supply shortages of the ...
Boké Region is the home to a great part of Guinea's aluminium (or bauxite) reserves.At least two of the country's largest mining facilities are located there: . Compagnie des Bauxites de Guinée, or CBG, which is operated by Halco Mining, an international and intercorporate aluminium mining entity.
Another partner in bauxite mining is Compagnie des Bauxites de Guinée (CBG). It is a joint venture of Alcoa, Rio Tinto, and Dado Mining holding a 51% share, and the Guinean government holding a 49% share. Its exports of bauxite are the largest in the world, reportedly in excess of 13.5 million tonnes in 2008. [21]
Boke Region: Elevation. 456 ft (139 m) Population (2016) • Total. 81,736: Sangarédi is a mining town and sub-prefecture in western Guinea, where bauxite is mined.