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Home / Metal News / Sunda Mining to mine 20 million tons of bauxite in Guinea

Sunda Mining to mine 20 million tons of bauxite in Guinea

Jan 19, 2021 14:14

Source:SMM compilation

A few days ago, AGB2A signed an agreement with its strategic partner Sunda Mining (SD Mining) SA, which focuses on the mining of more than 20 million tons of bauxite on the Konyakhoure plateau, west of the Fatara River in Guinea.

According to the vision of the Guinean authorities, the agreement is part of a major project that AGB2A is the catalyst for, including the centralization of mining, infrastructure development and the construction of border crossings in the Bofa corridor on both sides of the Fatara River in Guinea.

The main objective of the project is to provide more opportunities for companies operating in the area to transport minerals.

Bauxite

Guinea

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The impact of the rainy season is expected to gradually be reflected in port arrivals data, and the rate of bauxite inventory buildup is expected to slow down.

In terms of domestic bauxite supply, according to SMM's calculations, China's bauxite production in July 2025 (31 days) increased by 4.6% MoM and 7.4% YoY. China’s domestic bauxite production remained relatively stable, and it is expected that there will be limited supply increases in the short term.

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Guinea’s borders were closed and its constitution was declared invalid in the announcement read aloud on state television by army Col. Mamadi Doumbouya. Guinea is China’s largest source of imported bauxite. China imported 111.587 million mt of bauxite in 2020, up 10.9% year on year, of which 52.6701 million mt were imported from Guinea, accounting for 47.2% of the total imports, a year-on-year increase of 18.51%.

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