According to sources, Sierra Leone Mining Holdings Limited plans to export 600,000 tons of bauxite to China in 2019.
|Azodicarbonamide (AC foaming Agent)|
According to the source, the annual production capacity of the company’s bauxite mine is 2.4 million tons, and in 2018 it will reach 2 million tons. Bauxite production is expected to reach 2.3 million tons this year. It is reported that the company will build two new washing plants, which are expected to be put into operation in July this year. The monthly output of bauxite is expected to increase from 160,000 tons to 200,000 tons.
At present, the company mainly exports bauxite to Romania and Canada, with no stock in hand.
The producer mainly produces 49-50% active silica and 3.5% Max bauxite. At present, the price is US$37-38 per ton offshore from Sierra Leone and the freight to China is US$20-23 per ton.
They will use ships with a cargo carrying capacity of 55,000 tons.