By Robin Gendron, Mats Ingulstad, Espen Storli
Because the key part in aluminum creation, bauxite has turn into essentially the most vital minerals of the final 100 years. to a couple it introduced monetary and political virtue, yet for lots of others, its improvement left a legacy of exploitation. Aluminum Ore explores the heritage of bauxite within the 20th century and the worldwide forces that this heritage represents, from its strategic improvement within the First international battle to its position within the globalization of markets as businesses from the northern hemisphere vied for the assets of the south. that includes essays by way of students from world wide, this wide-ranging assortment is a heritage of 1 crucial mineral and a brand new point of view on a time of change.
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Additional info for Aluminum Ore: The Political Economy of the Global Bauxite Industry
This chapter also highlights the growing pressure on aluminum companies in the late twentieth century to become better corporate citizens as they operated in developing countries around the world. The bid for more power over natural resources has not palpably strengthened the Global South in all cases, and as Lou Anne Barclay and Norman Girvan make clear in the ninth chapter, the Jamaican government has experienced severe problems in recent decades in attempting to maintain control over revenues from its bauxite sector.
It was obviously not tempting to have to confront Harvey a third time. 37 Alcoa did not limit its explorations to the Guianas only. The American consul in Pará in Brazil alerted the company to bauxite properties controlled by G. 40 From 1913 until 1919, Alcoa managed to secure control over nearly all of the known good-quality bauxite deposits in the region. The motivation for the company’s vigorous campaign was twofold: first, Alcoa wanted to be sure that it had access to deposits large enough to fuel future expansion, and second, the aim was to keep good bauxite out of the hands of potential competitors.
36 William Brown, The European Union and Africa: The Restructuring of North-South Relations (London: Tauris, 2002), 35. 37 According to a recent estimate, only 9 percent of the total value added of the aluminum production process takes place at the bauxite mining stage; see United Nations Conference on Trade and Development, World Investment Report 2007: Trans national Corporations, Extractive Industries and Development (Geneva: United Nations, 2007), 85. 38 David Yoffie, Beyond Free Trade: Firms, Governments and Global Competition (Boston: Harvard Business School Press, 1993).