{"id":459440,"date":"2018-04-17T13:52:28","date_gmt":"2018-04-17T12:52:28","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=459440"},"modified":"2018-04-17T13:52:28","modified_gmt":"2018-04-17T12:52:28","slug":"cote-divoire-launches-first-ever-bauxite-mine","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/04\/17\/cote-divoire-launches-first-ever-bauxite-mine\/","title":{"rendered":"C\u00f4te d&#8217;Ivoire launches first-ever bauxite mine"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>C\u00f4te d&#8217;Ivoire enters the circle of bauxite producing countries. The first-ever Bauxite mine officially went into operation on Monday, April 16th.<\/p>\n<p>Located in the Moronou region, in the east of the country, the Bauxite mine, exploited in the B\u00e9n\u00e9n\u00e9 forest, is an important deposit of 300 km2 now estimated at 35 million tonnes of ore. LEB, Lagune Exploitation Bougouanou, the &#8220;Ivorian-owned&#8221; company headed by Michel Moumouni Bictogo, has announced a global investment of CFAF 218 billion, or \u20ac 3,332.3 million, for the development of the deposit that will take place in three phases.<\/p>\n<p>During the first 5 years, LEB will produce calcined bauxite from the mined raw ore, a semi-finished merchantable product with an 80% alumina content. Then, in 2023, a powder alumina production plant will be created, generating a product with a content of 90 to 97% of alumina. Finally, in 2025, LEB will complete its device with a production unit of high purity alumina. Recall that alumina, the product to market, is the main raw material that goes into the production of aluminum metal.<\/p>\n<p>The deposit, whose operating life is 20 years (or more), &#8220;will generate 743 direct jobs and 2,500 indirect jobs during the first two phases of the project&#8217;s evolution,&#8221; said Michel Bictogo. And, in terms of direct impact for neighboring communities, it is &#8220;nearly 9 billion FCFA&#8221; that will be paid during the first phase of operation, he added.<\/p>\n<p>With this first bauxite mine, C\u00f4te d&#8217;Ivoire is accelerating the exploitation of its subsoil, which has only recently begun to reveal its full potential. The country has 6 gold mines, 4 manganese mines, a nickel mine, as well as artisanal diamond mining sites. And in the west, a large iron ore deposit, estimated at 4 billion tons, is awaiting exploitation.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>C\u00f4te d&#8217;Ivoire enters the circle of bauxite producing countries. The first-ever Bauxite mine officially went into operation on Monday, April 16th. Located in the Moronou region, in the east of the country, the Bauxite mine, exploited in the B\u00e9n\u00e9n\u00e9 forest, is an important deposit of 300 km2 now estimated at 35 million tonnes of ore.<\/p>\n","protected":false},"author":536501,"featured_media":459445,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12032],"tags":[3503,44],"class_list":{"0":"post-459440","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-commodities-en","8":"tag-bauxite","9":"tag-cote-divoire","10":"post_format-post-format-aside","11":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>C\u00f4te d&#039;Ivoire launches first-ever bauxite mine - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2018\/04\/17\/cote-divoire-launches-first-ever-bauxite-mine\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"C\u00f4te d&#039;Ivoire launches first-ever bauxite mine\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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