Tag: bauxite
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π¬π³ Guinea: A Small Nation with Massive Mineral Wealth Poised to Shape Global Tech Industry
Though modest in size, Guinea is a giant when it comes to mineral resources. Nestled in West Africa, this nation holds the worldβs largest reserves of bauxiteβa key ingredient in aluminum productionβand is emerging as a potential powerhouse in supplying gallium, a critical mineral for semiconductors. With China recently restricting gallium exports, Guineaβs strategic importance…
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π¬π³Guinea revokes bauxite mining permit from UAE-based company
Guineaβs transitional president, Mamady Doumbouya, has signed a decree cancelling the mineral extraction concession, specifically for bauxite, granted to Guinea Alumina Corporation (GAC), a subsidiary of the Emirates Global Aluminium conglomerate based in the United Arab Emirates. This was reported by the local news portal Investigator Guinee. The revocation of the mining permit is linked…
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π¬π³ Guinea Trades Minerals for Military Vehicles Amidst Rising Security Concerns
Guinea’s military government has struck a controversial deal with the UAE-based Streit Group, trading its valuable mineral resources for dozens of armored vehicles in a contract worth approximately $156 million. This strategic move, announced in June 2023, highlights the growing financial strain on the West African nation, as well as the increasing security challenges it…
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π²π± Mali’s Mining Revolution: A Nation Redefines Resource Sovereignty
The arid and gold-rich landscapes of Mali have borne witness to an extraordinary shiftβa quiet yet potent revolution unfolding far from the boardrooms of international conglomerates. For decades, this West African nation has been a key player in the global mining industry, its vast reserves of gold, uranium, manganese, bauxite, lithium, and iron ore drawing…
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