CBG

What CBG does

Compagnie des Bauxites de Guinée (CBG) is a Guinea-based bauxite mining joint venture founded in 1963, with commercial operations beginning in 1973 from the Sangarédi open-pit mine in the Boké region. The company is owned 49% by the Guinean State and 51% by the Halco Mining consortium (Alcoa, Rio Tinto, Dadco Investments), and operates a vertically integrated value chain spanning open-pit extraction at Sangarédi, 132 km of dedicated railway (the Chemin de Fer de Boké), a crushing and drying plant at Kamsar (reducing moisture to 3%), and a dedicated mineral pier capable of simultaneously loading two 60,000-tonne vessels. Following completion of the approximately $1 billion Extension Project in 2024, CBG's nameplate capacity increased from 13.5 million to 25–28 million tonnes per year, with current production exceeding 17 million tonnes annually.

The company sells high-quality bauxite exclusively to international aluminum smelters and alumina refiners under long-term offtake contracts, generating revenue through commodity transactions priced against international bauxite market indices. Pricing is contract-driven based on alumina content and quality specifications; there is no retail or spot distribution channel. The customer base is a single horizontal segment of major global aluminum producers, with no intermediaries or resellers in the export chain. Approximately 2,300 direct employees (over 95% Guinean nationals) support operations, with medical coverage extended to roughly 15,000 beneficiaries, and women representing 11% of the workforce including 73 in managerial positions.

CBG's operational moat rests on its state-backed concession structure, integrated mine-to-port logistics chain, multi-user railway governance under ANAIM, and adherence to international ESG standards (triple ISO 9001/14001/45001 certification renewed in January 2026 with zero major non-conformities, plus ASI certification). The company has cumulatively contributed over $5.5 billion to the Guinean state since 1973 and maintains active community programs including health centre upgrades (33,000+ beneficiaries at Port-Nènè), environmental rehabilitation (26,000 trees planted, 30,000+ m² restored under the REB network), and passenger rail service via the Kakandé Express. Recent strategic signals — including a stated future refinery ambition presented at the Simandou 2040 Forum — indicate potential downstream vertical integration beyond raw bauxite export.

Name

CBG

Legal name

Compagnie des Bauxites de Guinée

Website

https://cbg-guinee.com

Company type

Private

Founded year

1963

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

CBG is a Guinea-based joint venture (49% Guinean State, 51% Halco Mining consortium of Alcoa, Rio Tinto, and Dadco) that operates an integrated bauxite mining-to-export value chain from the Sangarédi mine through a dedicated 132 km railway to the Kamsar port, producing and exporting over 17 million tonnes annually to international aluminum smelters under long-term offtake contracts.

Ownership category

akta.pro rank

Product category

Bauxite Mining

NAICS

Other Metal Ore Mining (21229)

SIC

Miscellaneous Metal Ores (1090)

akta.pro primary industry

Bauxite Mining & Beneficiation (IMAKACAA)

Keywords

• Bauxite mining
• Aluminum raw materials
• Bulk commodity export
• Mining logistics
• Industrial minerals

Headquarters

HQ city

Conakry

HQ country

Guinea

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Bauxite Mining and Export: CBG extracts bauxite at Sangarédi, processes it at the Kamsar plant (drying to 3% moisture), and exports it via ship from the Kamsar mineral pier. Revenue is generated through long-term offtake contracts with international aluminum producers. Production capacity exceeds 18.5 million tonnes per year following the extension project completed in 2024.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

CBG extracts high-quality bauxite from the Sangarédi open-pit mine in the Boké region of Guinea and exports over 17 million tonnes per year through an integrated value chain: 132 km dedicated railway transport to the Kamsar processing plant (crushing, drying to 3% moisture, automated quality sampling), followed by shiploading at the dedicated Kamsar mineral pier capable of handling two 60,000-tonne vessels simultaneously. The company sells under long-term offtake contracts to international aluminum smelters.

Product overview

CBG operates an integrated bauxite mining and export operation with a unified platform spanning four key stages: extraction at the Sangarédi mine, 132 km rail transport via the Chemin de Fer de Boké, processing at the Kamsar plant, and port export at Kamsar. The core product is high-quality bauxite with 17+ million tonnes annual production. This platform is enhanced by two major projects: the Extension Project (Projet d'Extension) that modernized and expanded capacity to 25-28 million tonnes, and the Multi-User Railway Project (Projet Multi-Utilisateurs) enabling shared infrastructure with other mining companies. Support is delivered through dedicated services covering HSE, technical maintenance, strategy, HR, finance, legal, procurement, engineering, and security functions.

Differentiator

Problem solved

Functional benefit

Products and services

• Bauxite Mining and Export Integrated commodity offering: open-pit extraction of high-quality bauxite at the Sangarédi mine, rail transport via the Boké Railway, processing (crushing, drying, automated sampling) at the Kamsar plant, and export loading at the Kamsar mineral pier. Sold under long-term offtake contracts to international aluminum smelters and producers, with current annual production exceeding 17 million tonnes.
• Kakandé Express Passenger Rail Service

Quantifiable outcome

• 30 ships loaded in 30 days (November 2024) — each ship in under 24 hours, 100% installation availability, zero incidents
• +3 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eleven partnerships are on record, tiered supporting, minor and core.

• Women in Mining Guinée (WIM Guinée)supportingGTM or Marketing Partner · 24 June 2026CBG participated as a sponsor in the 4th edition of the Wo'Mines event (International Day of Women in Mining) organised by WIM Guinée in Conakry, promoting female leadership in the mining sector. CBG sent a delegation of ~20 employees and contributed to panel discussions on governance and professional development.
• AFNOR CertificationminorOthers · 12 January 2026AFNOR Certification conducted the rigorous ISO surveillance and renewal audits (January 2026, April 2025) across CBG's Kamsar and Sangarédi sites, confirming triple ISO certification (9001, 14001, 45001) with zero major non-conformities.
• ANAIM (Agence Nationale d'Aménagement des Infrastructures Minières)coreStrategic or Co-development Partner · 24 June 2015ANAIM is the government agency responsible for managing shared mining infrastructure in Guinea. It co-signed the 24 June 2015 Multi-User Railway Contract with CBG, GAC, and COBAD, and coordinates the shared railway corridor from Sangarédi to Kamsar. ANAIM also partners with CBG on housing and community infrastructure (formerly OFAB).
• Guinea Alumina Corporation (GAC)coreStrategic or Co-development Partner · 24 June 2015Co-signatory of the Multi-User Railway agreement alongside CBG and COBAD. GAC shares use of the Boké Railway corridor for its own bauxite exports, making it a key infrastructure-sharing partner under the Multi-User Project.
• Compagnie de Bauxites de Dian-Dian (COBAD)coreStrategic or Co-development Partner · 24 June 2015Co-signatory of the Multi-User Railway agreement alongside CBG and GAC. COBAD utilises the shared Boké Railway corridor for its bauxite transport needs, contributing to the mutualisation of rail infrastructure.
• RUSALsupportingStrategic or Co-development PartnerRUSAL is a co-user of the Boké Railway under the Multi-User Project, sharing the infrastructure for its own bauxite logistics alongside CBG and other operators. The mutualisation of rail assets is coordinated through the Multi-User Project managed under ANAIM oversight.
• BpifrancesupportingGTM or Marketing PartnerBpifrance organised the Guinea–France Business Forum (Simandou 2040) from 30 March to 1 April 2026, with CBG participating in B2B meetings with around ten French companies. The forum aimed to strengthen economic ties and identify potential industrial and infrastructure partners.
• Salon International des Mines et Carrières de Guinée (SIMICG)supportingGTM or Marketing PartnerCBG participated as a sponsor in the 2nd edition of SIMICG (April 2026) in Conakry, engaging in discussions on local content and receiving recognition for its sector contribution.
• Salon de la Lecture (SALEC)supportingGTM or Marketing PartnerCBG sponsored the 6th edition of SALEC (April 2026), a national book and reading festival, as part of its community and education outreach commitments.
• Réseau Environnement Bauxite (REB)supportingStrategic or Co-development PartnerREB is a regional environmental network of bauxite mining companies in the Boké region, created in 2018 under the Chamber of Mines and with UNDP support. CBG is a member and was awarded 1st prize for environmental contribution in 2025.
• Société Nationale des Pétroles (SONAP)supportingStrategic or Co-development PartnerIn April 2026, CBG hosted a four-week professional immersion programme for five SONAP managers focused on HSE standards, risk management, and environmental practices, representing a cross-industry knowledge transfer initiative.

Scale indicators10 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Guinea Alumina Corporation (GAC): GAC is a major Guinean bauxite exporter owned by Emirates Global Aluminium. It co-signs the Multi-User Railway Contract with CBG and shares the same Boké–Kamsar rail and port corridor, making it the closest geographic, logistical, and product analogue to CBG.
• Compagnie de Bauxites de Dian-Dian (COBAD): COBAD is a Guinean bauxite mining joint venture that is also a co-signatory of the 2015 Multi-User Railway Agreement alongside CBG and GAC. It operates in the same Boké region and competes for shared rail capacity on the Boké corridor.
• Société Minière de Boké (SMB): SMB is one of the largest Guinean bauxite producers, shipping tens of millions of tonnes per year through its own and shared port infrastructure. It directly competes with CBG for international aluminum market share out of Boké.
• RUSAL: Russian aluminum major RUSAL is a co-user of the Boké Railway under the Multi-User Project and one of the world's largest integrated bauxite-aluminum producers. It competes in global bauxite markets and overlaps with CBG on logistics infrastructure in Guinea.
• Bosai Minerals Group: Bosai operates the Awaso bauxite mine in Ghana and has been expanding West African bauxite capacity. It is a regionally focused bauxite producer that competes in the same West African corridor of international aluminum supply.

Broad incumbents

• Alcoa: Alcoa is one of the three Halco Mining partners (alongside Rio Tinto and Dadco) and a 51%-consortium shareholder of CBG. As a global integrated aluminum major, Alcoa directly competes in upstream bauxite supply and has deep operational overlap with CBG's value chain.
• Rio Tinto: Rio Tinto is one of the three Halco Mining partners of CBG and runs its own global bauxite business (notably in Australia). As a diversified mining major with significant aluminum exposure, Rio Tinto is a direct competitor in seaborne bauxite markets.
• Emirates Global Aluminium (EGA): EGA is the parent of Guinea Alumina Corporation and one of the largest bauxite-to-aluminum producers outside the China / Russia / North America axis. EGA's vertical integration into alumina refining provides a comparable business model benchmark and a competitor in Guinea.
• South32: South32 operates the Worsley alumina refinery and bauxite mine in Australia and is a significant seaborne bauxite exporter. It competes with CBG for share of international aluminum smelter offtake contracts.
• Norsk Hydro: Norsk Hydro is a global integrated aluminum producer with owned bauxite mining (notably Paragominas in Brazil). Its vertical bauxite-to-aluminum model and seaborne alumina/bauxite supply make it a relevant comparable for CBG's scale and customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/cbg_guinee
• YouTubeyoutube.com/@compagniedesbauxitesdeguin7345
• Facebookfacebook.com/lacbg.guinee
• LinkedInlinkedin.com/company/compagnie-des-bauxite-de-guinee

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CBG