Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
AL CIRCLE

Is Germany playing a responsible part in Guinean bauxite mining?

EDITED BY : 7MINS READ

While bauxite plays a crucial role in the global economic and trade landscape, the mining of the substance should not ideally pose a threat to humanity. Guinean bauxite mining, especially when coming to German firms, has long seen a different reality.

Is Germany playing a responsible part in Guinean bauxite mining?Image Source: https://www.energymonitor.ai/

{alcircleadd}

For quite some time, Germany’s lion’s share of its bauxite import has been from the African state of Guinea. In 2016, the German commercial bank ING DiBa provided the largest single credit of a consortium (including the World Bank Group) loan of over €248 million for the expansion of a bauxite mine through the Federal Ministry for Economic Affairs and Climate Action, also known as BMWK, through ‘guarantees for untied financial loans’, reserving 15 per cent of the mine’s annual output. According to the BMWK, guarantees for untied financial loans (UFK guarantees) are an integral part of the German government’s raw materials strategy.

“To be able to build environmentally harmful cars in Germany, the federal government is issuing a loan guarantee, even though this security is being used to displace people in Guinea,” says Michael Reckordt, raw materials expert at Powershift. Germany is also obliged to protect human rights abroad, adds Gertrud Falk from Fian. In the eyes of the NGO Fian and Powershift, an association that campaigns for a more socially just global economy, the federal government is contributing to violating human rights and destroying the environment.

The ‘Sustainable Bauxite Mining Guidelines’ (SBMG) by the International Aluminum Institute provide comprehensive strategies for promoting responsible and sustainable practices in the bauxite mining industry. These guidelines, developed to align with evolving sustainability expectations, aim to balance economic, environmental, and social considerations associated with bauxite mining.

Environmental stewardship

The SBMG emphasises the importance of environmental management in bauxite mining operations. Biodiversity conservation is a critical focus, with guidelines encouraging practices that protect flora, fauna, and ecosystems in mining areas. The document highlights strategies such as baseline biodiversity assessments, habitat restoration, and offset initiatives to mitigate the impact on natural habitats.

Read the full story for FREE
Also unlock other exclusive content
eventimgEvents
e-magazine-newse-Magazines
Report-newsReports
Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : 7MINS READ
Adv
Adv
Adv

Responses

Adv
Adv
Adv
Want to get your company featured by us?
Adv
Adv
Business Leads VIEW ON AL BIZ

AL Circle News App
AL Biz App

A proud
ASI member
© 2025 AL Circle. All rights reserved.
AL Circle is not responsible for content from external sources.