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Guinea Opens Green Light For 1 Billion 400 Million USD Bauxite New Order
May 05, 2018

The investment company of the project is SBG (Societe des Bauxites de Guinee) of the Holland Mining Group (Dutch firm MetalCorp Group) company, which will be in a regional construction project that has proven bauxite reserves over 3 billion tons.

It is expected that SMG can be put into production by the end of 2022.

In 2017, the output of Guinea bauxite was 50 million tons, an increase of two times compared with that of 2016.