COMPAGNIE DES BAUXITES DE GUINEE
keen to maintain momentum . In order to meet the pressing demand for this valuable mineral , CBG has embarked on an ambitious project worth around $ 1bn that ’ s set to drastically expand its operations .
By investing in its plant and port in Kamsar , the Guinean miner hopes to grow its production and export capacity in two phases : the first phase aimed to increase production capacity to 18.5mn tonnes per year as of last quarter 2017 , followed by a second phase with an increased
‘ Under the guidance of General Manager Souleymane Traore , CBG has redefined its strategy , balancing speed , compliance , sustainability and spending to lead an exemplary operation in Guinea ’ capacity of 25mn tonnes by 2022 .
Through the massive multi-phase expansion project , CBG intends to increase the production capacity of its railway , power plant , and port treatment plant , to boost revenues and enhance the mine ’ s efficiency . Souleymane Traore , Director General at CBG , is optimistic about the future of the Guinean firm .
“ CBG is engaged in a great phased expansion project that will , at the end of the project , double the production capacity of the company ,” he says . “ The first phase of the project is currently in its construction phase and is close to completion .
“ What separates us from others companies operating in Guinea is our history ,” he adds . “ We are the only ones in Guinea operating for more than 40 years . It shows the solidity of our business model . Another thing which distinguishes us is our fundamental principles : ensuring the security of our operations and our workers ; controlling our environmental impact ; the ethic and integrity we show in our work ; the respect and equality in our team ; and the satisfaction of our customers .”
92 February 2018