Guinea: Baowu Resources presents the advantages of the Simandou project

According to a press release from Baowu Resources received by our editorial staff, the Chinese company published, on November 6 in Shanghai, on the sidelines of the ninth China International Import Expo (CIIE), an ESG thematic report devoted to the sustainability of the Simandou mining project, in Guinea.

The ceremony took place in the presence of the Guinean Minister of Environment and Sustainable Development, Fassou Théa. During this ceremony, he stressed that “the Simandou project was today much more than a mining project. It marks a historic transformation for the Guinean economy and offers an exceptional opportunity for job creation, infrastructure development and improvement of the living conditions of the Guinean population,” reports the press release.

The president of Baowu Resources, Cao Zhifu, for his part reaffirmed the company’s commitment to supporting the various stakeholders. He said that “Baowu Resources was willing to work with all parties to advance the sustainable development of Simandou in a more stable, more concrete and more ambitious manner,” indicates the same source.

Presented as the first public ESG document dedicated to Simandou, the report sets out an approach based on partnership, progress and prosperity, combining mining development, environmental protection and strengthening local capacities. The stated ambition is to enable the Guinean populations and the project partners to benefit from the benefits of its development, the text specifies.