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15 MAY 2018 AL CIRCLE

Strikes at Guinea’s SMB shut off 1.2 million tonnes of bauxite production

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Guinea’s Societe Miniere de Boke (SMB) has completely shut down its bauxite production over the past ten days owing to a staff walkout and already lost around 1 million to 1.2 million tonnes of scheduled bauxite production, with losses running to US$1 million a day, told Frederic Bouzigues, general director of SMB, to Reuters over telephone on Monday, May 14, 2018.

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Guinea’s volatile western town Boke is known for suffering from frequent strikes and protests from a local population who feel excluded from the town’s vast mineral wealth.

Bouzigues said, “All our activities are blocked because of a decision to stop work that some of our employees have taken to stop work, after the arrest of a union leader by the authorities.”

Union Leader Aboubacar Sidiki Mara was arrested by police in the capital Conakry at the beginning of the month. Opposition supporters in Guinea staged protests and erected barricades in Boke that triggered unrest and resulted in disruption of bauxite shipments. Similar protests were held at Boke and disrupted output earlier also in April and September last year.

Owing to this, the poor West African nation, despite being one of the world’s richest iron ore and bauxite deposits, has stayed near the bottom of the U.N. Human Development Index. Boke’s other major bauxite miner is Compagnie des Bauxites de Guinee (CBG), 49 percent of which is owned by the Guinean state and the remainder by Alcoa, Rio Tinto Alcan and Dadco.

Tagged with:

Guinea Bauxite trade

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EDITED BY : DEBANJALI SENGUPTA 2MINS READ

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