SLEMCO Chair Markets Sierra Leone in USA’s Bauxite Seminar

The Chairman of Sierra Leone Mining and Exploration Company (SLEMCO), Mr. Alieu Mohamed Sesay, is currently marketing Sierra Leone to investors from across the world, as investment friendly destination.

At the 18th Bauxite and Alumina Seminar that took place in Miami, Florida, USA from 6th to 8th March 2012, Mr. Sesay, who represented the West Africa Sub-region at the conference, re-echoed President Koroma’s Agenda for Change message on the transformation of Sierra Leone’s mining industry. He told his large audience that Sierra Leone was open for business, while making emphasis on the reforms being made in the mining industry in recent years. Mr. Sesay stressed that Sierra Leone will soon become one of the world’s largest bauxite producing nations.

“The country currently boasting of proven reserves of bauxite in the Port Loko District that amounts to 321 million tons, with probable reserves of 200 million tons,” Sesay told the investors. He further described SLEMCO as the new bauxite baby in the world, adding that bauxite export from Sierra Leone is expected to commence in 2013.

Mr. Sesay pointed out that a Chinese company is currently undertaking major bauxite exploration in Ghana. He further informed them that Cameroon is not only mining bauxite but is also currently constructing a big alumina plant.

He also spoke of major exploration work currently taking place in Nigeria. For Guinea, Sesay explained that three major companies are currently exploring, exporting and processing bauxite.

Sesay encouraged world investors to throng into the West African Sub-region and invest in the mining sector.

Mr. Alieu Mohamed Sesay was selected to represent the West African Sub-region following his outstanding performance during SLEMCO’s Environmental Impact Assessment in Port Loko, Lunsar and at the Atlantic Hall in Freetown.