The SMB-Winning consortium plans to build an alumina refinery in Guinea as well as a railway to open up the Boffa corridor and to carry bauxite to the refinery and the Dapilon river port. The total investment planned for the whole project is estimated at US $ 3 billion. The feasibility and social and environmental impact studies will be carried out as soon as early 2018 for a start of works planned in 2019. The refinery is expected to be put into operation in 2022.

Founded in 2014, the SMB-Winning consortium brings together three partners in the fields of bauxite mining, production and transportation: Singaporean shipping company Winning Shipping Ltd, UMS, a French owned transport and logistics company that has been present in Guinea for over 20 years, and Shandong Weiqiao, a leading Chinese company in aluminum production. The consortium has planned to export 30 million tons of bauxite in 2017, making Guinea the world’s largest exporter of bauxite and the consortium one of the major contributors to the country’s gross domestic product.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s