Société Minière de Boké (SMB) is a prominent business enterprise operating in Guinea, with its core focus on bauxite mining in the region of Boké.
Founded in 2014, SMB has rapidly emerged as a leading producer and exporter of bauxite in Guinea and is a key player in the global bauxite market.
The company takes pride in its pioneering efforts to construct vital road, rail, and logistics infrastructures that support the bauxite value chain, contributing significantly to the socio-economic development of the region.
Introduction
SMB is at the forefront of bauxite mining in Guinea, concentrating its operations in the Boké region on the Atlantic coast.
The company operates on three mining sites: Santou and Houda, Malapouya, and Dabiss, strategically extracting bauxite from these plateaus.
To ensure efficient transportation, SMB has partnered with Winning Alliance Africa Port Ltd., United Mining Supply Group, Shandong Weiqiao, and the Guinean state to construct a 135-kilometer railway connecting the new Houda and Santou II mines to the newly constructed Dapilon port on the Rio Nunez.
Mission and Values
At SMB, sustainability is a strategic priority. The company is committed to building a strong and lasting economic, social, and environmental legacy while mitigating the impacts of its operations.
SMB places great emphasis on establishing transparent management practices, adhering to international standards, and actively contributing to environmental preservation, biodiversity, and sustainable development progress.
Building meaningful relationships with stakeholders, including local communities, remains at the heart of SMB's mission.
Mining Operations and Expansion
SMB's mining activities are concentrated in the Boké region of western Guinea, situated on the Atlantic coast. The company operates three mining sites: Santou and Houda, Malapouya, and Dabiss plateaux.
These operations have enabled SMB to become the largest bauxite producer on the African continent, significantly contributing to Guinea's rise as the world's second-largest producer of bauxite.
In collaboration with other key players in the aluminum-production value chain, SMB has undertaken ambitious infrastructure projects.
These include the construction of a 135-kilometer railway corridor connecting the new Houda and Santou II mines to the newly constructed Dapilon port on the Rio Nunez. Furthermore, SMB and its partners have established a new alumina refinery in the Boké Special Economic Zone.
Socio-Economic Impact
SMB's commitment to social responsibility is evident in its efforts to catalyze investments in various sectors and contribute to the development of the value chain of bauxite.
By creating large-scale infrastructures, generating employment opportunities, and fostering local industry transformation, SMB plays a vital role in the sustainable development of the region.
The company actively works towards transforming rural areas through infrastructure development, creating jobs for young Guineans, and empowering local communities.
Government Collaboration
SMB-Winning Consortium, of which SMB is an essential member, has signed three conventions with the Government of the Republic of Guinea.
These conventions, ratified unanimously by the National Assembly in December 2018, form the basis for an integrated project for the Boké region.
SMB has been instrumental in driving the implementation of this ambitious project, further reinforcing its commitment to the development of Guinea's mining sector.
Environmental Concerns
Despite its remarkable achievements, SMB has faced criticism and allegations of human rights and environmental violations.
The company's operations have been implicated in pollution of air, water, and land in the areas surrounding its facilities.
Addressing these concerns and mitigating environmental impacts are essential components of SMB's sustainability strategy. The company acknowledges its responsibility and is actively working to rectify any shortcomings.
Conclusion
Société Minière de Boké (SMB) stands at the forefront of bauxite mining in Guinea, making significant contributions to the nation's economy and development.
With a strong focus on sustainability, infrastructure development, and community engagement, SMB plays a pivotal role in shaping Guinea's mining sector and has helped elevate the country to a prominent position in the global bauxite market.
While challenges remain, SMB remains committed to meeting its obligations responsibly and ensuring that its outcomes truly benefit the people of Guinea.