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Stampede on bauxite to fuel Chinese refiners
Rocketing Chinese demand for bauxite is transforming Guinea, home to vast reserves of the ore, into an Eldorado. New foreign players are trying to muscle in alongside giants Compagnie des Bauxites de Guinee (CBG) and Societe Miniere de Boke (SMB), [. [...]
Poor export infrastructure holds back bauxite growth
The Telimele bauxite project that lies a few kilometres from the Compagnie des Bauxites de Guinee’s concession in western Guinea is due to begin producing at some point next year. Guinean national Soriba Camara, managing director of the operating company, [. [...]