By Robin Gendron, Mats Ingulstad, Espen Storli
Because the key part in aluminum construction, bauxite has turn into some of the most vital minerals of the final 100 years. to a couple it introduced monetary and political virtue, yet for plenty of others, its improvement left a legacy of exploitation. Aluminum Ore explores the historical past of bauxite within the 20th century and the worldwide forces that this historical past represents, from its strategic improvement within the First global warfare to its function within the globalization of markets as businesses from the northern hemisphere vied for the assets of the south. that includes essays by means of students from world wide, this wide-ranging assortment is a historical past of 1 crucial mineral and a brand new viewpoint on a time of change.
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Additional resources for Aluminum Ore: The Political Economy of the Global Bauxite Industry
Instead, he negotiated secretly with Harvey’s business partner, with the obvious intent of cutting Harvey out of the deal. At the same time, Alcoa told Harvey that the company would not be interested in his bauxite. 22 Harvey signed an option agreement with the French-American consortium, which in May 1914 sent out a team of experts to look at the deposits. When the experts arrived in British Guiana, they realized that Mackenzie had already signed an agreement with Harvey’s local business partner.
59 The argument seems rather hollow, but more credibly he also claims that the authorities wanted to keep the Gold Coast bauxite in hand in case Britain was cut off from the French bauxite on which the British aluminum industry, and consequently the war effort, depended. It is safe to conclude that for the British government, the strategic importance of bauxite rather than capitalist competition guided policy making. For the local colonial administration, other concerns prevailed. Its central aim was to promote the economic development of the colony, and the bauxite resources could be used as a tool to further this end.
From 1914 onward, the German state therefore got actively involved in the race for bauxite. The German demand created opportunities for entrepreneurs like Count Kornis, and just as in British Guiana, it was the combination of foreign capital and local initiative that led to Hungarian bauxite being incorporated into the international economy. The same development can be observed in other bauxite-rich countries in Central and Southern Europe in the interwar period. 53 Contrary to what happened in British Guiana, the authorities in the new bauxite states in Europe intervened enthusiastically to create domestic aluminum industries to refine the bauxite.
Aluminum Ore: The Political Economy of the Global Bauxite Industry by Robin Gendron, Mats Ingulstad, Espen Storli