IFC has an active project with Compagnie des Bauxites de Guinée (CBG) to support the expansion of the Sangaredi bauxite mine, processing plant, and related infrastructure through a senior debt facility. CBG is 49% owned by the Government of Guinea and 51% owned by Halco Mining Inc., a consortium of aluminum producers including Alcoa, Rio Tinto, and Dadco.

In March 2026, CAO received complaints submitted by eight former expatriate employees of CBG who were engaged through Boké Services Management, Inc. The complaints raised concerns related to abrupt and procedurally deficient contract terminations, coercive settlement practices, and broader non-compliance with IFC Performance Standards, particularly PS1 on Assessment and Management of Environmental and Social Risks and Impacts and PS2 on Labor and Working Conditions.

In June 2026, CAO found the complaint eligible and conducted an assessment. During the assessment, the complainants and CBG did not agree to participate in a CAO-facilitated dispute resolution process. In accordance with the CAO Policy, the case was transferred to CAO’s compliance function for an appraisal of IFC’s environmental and social performance. The Assessment Report is available in English and French.