What is Gabon's goal for its manganese production?
By 2029, Gabon wants all its manganese to be processed locally before being exported.
Economy / Mining
Gabon, the world's second-largest manganese producer, is set to revolutionize its mining sector. By 2029, the government mandates that all Gabonese manganese undergo initial processing within the country before export. This ambitious plan s...
Gabon's government has mandated that by 2029, all manganese extracted in the country must undergo at least initial processing locally before being exported. This decision is driven by the desire to create jobs and further the country's industrial development. The Confédération syndicale des travailleurs du Gabon (CSTG), a local labor union, has enthusiastically welcomed this move, emphasizing its potential to unlock significant economic opportunities.
Currently, a significant portion of Gabon's manganese is exported raw. Eramet, a French mining group, operates in Gabon through its subsidiary Comilog, which has some processing capabilities. However, these facilities only handle a fraction of the total manganese extracted. The government's mandate aims to change this, pushing for greater value addition within Gabon.
However, some experts are skeptical about the feasibility of this plan. Concerns revolve around Gabon's energy capacity, which has been strained by frequent power outages. The energy-intensive nature of manganese processing raises questions about whether Gabon can provide a reliable and affordable power supply. Additionally, analysts have raised doubts about the willingness of mining companies to make the substantial investments required to expand local processing facilities.
President Oligui Nguema has also highlighted the under-evaluation of Gabon's economic potential. He is pushing for reforms to include natural resources, such as forests, carbon credits, and mineral wealth, in the calculation of the country's GDP. This move aims to reflect a more accurate picture of Gabon's assets and strengthen its position in international economic discussions.
By 2029, Gabon wants all its manganese to be processed locally before being exported.
Job creation, industrial development, increased tax revenues, and greater economic sovereignty.
Insufficient energy capacity and the need for significant investments in processing infrastructure.
To include Gabon's natural resources and present a more accurate picture of the country's economic potential.
Do you think Gabon's plan to process all manganese locally by 2029 is achievable? What are the biggest obstacles they face? Share this article with others who need to stay ahead of this trend!
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