Business Chief Europe Magazine February 2018 | Page 107

has not been fully revealed . The West African country ranks sixth in the world for its extraction of high-grade bauxite but , through its expansion plan , the Compagnie des Bauxites de Guinée hopes to change that – and it seems it ’ s well on its way .
Guinea ’ s bauxite reserves are amongst the highest quality worldwide , making it a valuable resource in the global market . By balancing its growth with extensive CSR policies , CBG has cemented itself as a definite ‘ one to watch ’ on the global mining stage .
In the 1970s , the company ’ s first ship left the port of Kamsar with 19,000 tonnes of ore on board after a total loading time of 125 hours . Today , the Compagnie des Bauxites de Guinée has the ability to load 75,000 tons of bauxite on boats in less than 20 hours
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