The Société Minière de Boké (SMB) has become a leading producer and exporter of bauxite in Guinea. It is a pioneer in constructing road and rail infrastructure, logistical facilities that accompany the bauxite value chain. It produced 34 million tons in 2022 and is expected to produce 36 million tons in 2023 and 38 million tons in 2024.
The SMB-WAP bauxite mine started as a Joint venture between Weiqiao (Hongqiao), Yaqntai Port Group, United Mine Supply and Societe Miniere de Boke with the aim to export Guinean bauxite overseas, in particular to serve Chinese alumina refineries. Wood Mackenzie's asset reports are built from the bottom up, incorporating a number of …
09 June 2021. Arnold & Porter Kaye Scholer LLP. By Anton A Ware and Tereza Gao. The Guide to Mining Arbitrations - Second Edition. Introduction. The mining sector has been …
The award to the SMB-Winning consortium, whose investors include Chinese aluminium producer Shandong Weiqiao and the Yantaï Port Group, brings the development of a mine a step closer.
The award to the SMB-Winning consortium, whose investors include Chinese aluminium producer Shandong Weiqiao and the Yantaï Port Group, brings the …
The first vessel of Guinean bauxite was safely delivered to the Port of Yantai in China, signifying a historic and momentous breakthrough. The SMB-Winning Consortium partners with Chico and French mining corporation Alliance Minière Responsable (AMR) in its mining operation, and at present, the SMB-Winning Consortium has become the largest ...
China-backed consortium SMB-Winning aims to bring blocks 1 and 2 of Guinea's massive Simandou iron ore deposit into production by 2025, Société Minière de Boké Chairman Fadi Wazni said on ...
The SMB-Winning consortium, comprising Winning Shipping, Societe Miniere de Boké, Shandong Weiqiao Pioneering Group Co.Ltd., United Mining Supply and the Guinean government, plans to start iron ore production at blocks 1 and 2 of the Simandou project in Guinea by 2025, Reuters reported Oct. 16, citing a statement by Fadi Wazni, …
But the industry has been rocked by riots and strikes in the mining town of Boke over a perceived failure of the mining sector to raise living standards. SMB - owned by Guinea, China's Winning ...
The SMB WINNING CONSORTIUM infrastructures; It is an Integrated Logistics model, starting with the day-to-day management of site resources, which are transported by trucks on exclusive mining roads, leading to …
Tensions between government authorities and the mine's operators at Simandou have been wrenched up a notch. Even though the consortium SMB-Winning and the Rio Tinto group – who are both involved in operations at the site – claimed to be working on the project, Colonel Mamadi Doumbouya, who has been in charge of the country …
Winning Consortium Simandou is a Consortium set up by the founders of SMB Winning Consortium, namely Winning International Group from Singapore, China Hongqiao, and UMS Guinea. The company WCS and its affiliates will develop and operate the open pit iron ore mine, the railway, the port and an airport. Construction will be completed by several …
Since its creation in 2014, SMB -- a consortium formed by the Singaporean shipowner Winning Shipping, the Chinese aluminium producer Shandong Weiqiao, the Yantai Port group and the Guinean transport and logistics company United Mining Supply (UMS) -- has become Guinea's leading bauxite exporter, with 42 million mt in 2018, SMB …
In order to better carry out its corporate social responsibility, the SMB-Winning Consortium has invested vast amount in communities in the mining zone, including the construction of rural roads, schools, vocational training centers, rural clinics and wells, so as to improve the well-being of local folks. Tel: +65 62260169.
The Simandou mine, located in Guinea's southern Nzérékoré Region, contains an estimated 2.25bn tonnes of high-grade iron ore, making it one of the largest deposits of its kind in the world. ... After repeated ownership changes, the project's future appeared brighter in 2020 after the China-backed SMB-Winning consortium signed an ...
SMB-Winning didn't disclose how much it paid for the mining rights but pledged to invest $14 billion to develop the two northern blocks. Sources close to the matter said the Guinea government hoped …
Chinese-backed consortium SMB-Winning won a government tender in November 2019 for Blocks 1 and 2 of Simandou. It is developing the northern half of the mine and associated infrastructure …
Guinea's Simandou iron ore project was awarded to the WCS Chinese-Singaporean-Guinean consortium in November 2019. However, negotiations between partners have been dragging on. The shareholders of Winning Consortium Simandou (WCS), the Guinean authorities and their operational as well as financial partners have …
Winning Consortium Simandou is a Consortium set up by the founders of SMB Winning Consortium, namely Winning International Group from Singapore, China Hongqiao, and …
[1/24] A miner works at the entrance of a shaft at the SMB coltan mine near the town of Rubaya in the Eastern Democratic Republic of Congo, August 16, 2019. REUTERS/Baz Ratner Acquire Licensing Rights
In return for permission to mine a massive, untapped deposit of high-grade iron ore in the West African country of Guinea, a Chinese-backed international consortium has agreed a $14bn deal to build a 650km railway across the country, and a deepwater port to ship the product. ... SMB-Winning beat a rival bid from Australian mining company ...
Winning the rights to mine blocks one and two in the Simandou mountain range is the joint venture between Guinea's Société Minière de Boké (SMB) and …
China-backed consortium SMB-Winning aims to bring blocks 1 and 2 of Guinea's massive Simandou iron ore deposit into production by 2025, Chairman Fadi Wazni said on Friday, a tight timetable for a ...
Summary. Lemon Duck is a monerocrypto-mining malware. It starts with a single infection and spreads rapidly across the entire network converting the resources of an organization into cryptocurrency mining slaves. This malware was first spotted in China last October 2019 but has hence spread to other parts of the world.
SMB-Winning Consortium selected China Railway 14th Bureau Group and China Railway 18th Bureau Group for the project construction. Credit: Winning International Group. The Dapilon-Santou rail project is a new 135km-long railroad facility being built to connect Santou mining zone and the Port of Dapilon in Guinea.
SMB is the DRC's top coltan exporter. ( Image courtesy of Société Minière de Bisunzu.) A violent attack on Société Minière de Bisunzu's (SMB) coltan mine in the Democratic Republic of ...
China-backed consortium SMB-Winning aims to bring blocks 1 and 2 of Guinea's massive Simandou iron ore deposit into production …
Guinean bauxite for delivery to China was last assessed by Asian Metal at $50.50 a tonne, up 1% from Friday and the highest since March 16 last year. Prices are up about 16% this year.
The SMB-Winning Consortium expects to develop a 110Mtpa iron ore mine in two phases at a total estimated cost of £11.6bn ($15bn). The first phase of the Simandou North project is expected to incur an investment of £6.2bn ($8bn), including £3.8bn ($5bn) on a 650km railroad, £1.2bn ($1.5bn) each for the mine development and for a port at ...
