Société des Mines de Fer de Guinée (SMFG) | Company Profile - Revenue, Headcount, Tech Stack, Contacts
Société des Mines de Fer de Guinée (SMFG) is a mining company focused on the Nimba Iron Ore Project in southeastern Guinea.
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Société des Mines de Fer de Guinée (SMFG) is a mining company focused on the Nimba Iron Ore Project in southeastern Guinea. The project is notable for its high-grade iron ore, with an average iron content of approximately 65%. SMFG is 85% owned by High Powered Exploration Inc. (HPX) and 15% by the Government of Guinea. The company has been active in the region for over fifteen years, fostering strong relationships with local communities and conducting environmental studies in the biodiverse Nimba Mountains.
SMFG plans to implement a fully integrated pit-to-port mining operation with a production capacity of around 30 million tonnes per annum. The mine is expected to have a lifespan of 15 to 25 years, with a total extraction of approximately 450 million tonnes of ore. The company is committed to sustainable mining practices, focusing on environmental conservation and social development, while also exploring infrastructure solutions to minimize environmental impact. SMFG aims to support local economies and ecosystems through its operations.
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