Mining Magazine June 2017 | Page 83

MINING
Sinotrucks ( China ), Terex ( Germany ) and Bureau Veritas ( France ).
Despite substantial support from partners , SMB-WAP must retain some credit for itself . The consortium has defied borders in order to create an international team of mining experts , while priding itself on giving back . The consortium recognises the potential of Guinea and its people , thus it empowers communities and boosts the countries overall bauxite exports . SMB-WAP plans to continue on the economically responsible trajectory .
“ We have two river terminals , each with a processing capacity of about 25 million tons of bauxite . So , if we have enough reserves , our consortium will be able to reach a production of 50 million tons . Combined with taxes this would have a considerable impact on the country ’ s economy and its development ,” Frédéric Bouzigues concludes . With this success and the consortium ’ s logistics strength , SMB-WAP has decided to kick off an intensive feasibility study of building a refinery in Guinea .
Beyond bauxite , the established infrastructure can and will be used for import of capital goods and CKDs ( for the assembling industry to be developed ), and the development of a regional hub in Boke for the West Africa region . For instance , fertilizers and pesticides can be imported cheaply and reliably to support a cashew nut project in the pipeline .
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