What is the growth of bauxite production in Guinea in 2019?
According to the report released by the Ministry of Geology and Minerals of Guinea, from January to September 2019, the output of bauxite in Guinea was 51.35 million tons, of which the export volume was 47.94 million tons; The alumina output is 242,000 tons, all of which are produced by FRIGUIA alumina plant of RUSAL, a Russian aluminum group, and all of which are used for export.
It is estimated that the output of bauxite in Guinea will reach 69 million tons in 2019, up nearly 20% year-on-year, it is estimated that the output is expected to exceed 80 million tons in 2020.
Foreign Mining Enterprises that Mined Bauxite in Guinea
According to the statistics of the Ministry of Geology and Mineral Resources, as of the end of September 2019, there were 7 foreign mining enterprises that actually put into production and mined bauxite in Guinea:
| Item | Project | MTA |
|---|---|---|
| 1 | UK ALUFER | 50,000 |
| 2 | ALCOA CBG | 150,000 |
| 3 | RUSAL CBK | 30,000 |
| 4 | DIANDIAN | 30,000 |
| 5 | CDM | 60,000 |
| 6 | GAC | 120,000 |
| 7 | SMB | 400,000 |
| Total: | 840,000 |
Trend Estimate of Bauxite Output in Guinea
According to statistics, before 2015, the main bauxite companies in Guinea were CBG, CBK, etc., and the output of bauxite was basically stable at about 17 million tons. After 2015, Guinea Bokai Mining Company, established by the “Win Alliance” jointly established by Wei Qiao Group, mined, transported and exported Guinea’s high-quality bauxite to China, and other mining enterprises such as Henan International Mining, Arufa and UAE Aluminum were gradually put into production. The local ore output has started to increase substantially. It is estimated that the output of bauxite in Guinea will reach 69 million tons in 2019, up nearly 20% year-on-year. Combined with the main projects in production and other pre-production projects, it is estimated that the output is expected to exceed 80 million tons in 2020.
