French Miner AMR Begins Operations at Guinea Bauxite Mine

French mining concern Alliance Miniere Responsable (AMR) began production at its bauxite mine in the African country of Guinea on Tuesday. According to a statement by the firm, the mine will produce bauxite at a rate of between 6 million and 10 million metric tons per annum in the near future.

The company continued by specifying that the mine’s entire output will be sold to Guinea’s Societe Miniere de Boke (SMB), which is owned largely by Singaporean shipping firm Winning International Group and Shandong Weiqao of China.

“It’s all going to China,” explained AMR’s co-founder and CEO Romain Girbal to Reuters on Tuesday. He went on to say that his firm expects to be turning out 8 million metric tons per annum of bauxite, with plans to achieve 10 million metric tons per annum in 2019.

Girbal continued by promising that AMR intends to run its Guinean operations in a manner that is more environmentally responsible than has been done by other miners in the region in the past.

“Regarding pollution, the main nuisance is dust. SMB and AMR are particularly aware of this and regularly water mining tracks,” explained Girbal.

“AMR is going to use surface miners, a method that is more respectful of the environment and respectful of the population, starting in March. This will notably cause less dust.”

Guinea sits atop roughly one-third of the world’s known supply of bauxite. The country expects to mine over 30 million metric tons of the ore this year, with plans to double that output by 2020. Guinea has faced difficulties in bringing their substantial supply of bauxite to market in recent months due to deadly riots in and around Boké triggered by long-standing complaints of poor working conditions, lack of jobs in the industry, and the loss of mineral wealth to outside interests.



Comments are closed here.

SUBSCRIBE
Events
LME
  • Cash Buyer 1998.00 -0.05%
  • 3-Months Buyer 2024.00 -0.05%

LME Official Price(USD/tonne) for 16 August 2018

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close