By Robin Gendron, Mats Ingulstad, Espen Storli
Because the key part in aluminum creation, bauxite has turn into the most very important minerals of the final 100 years. to a couple it introduced financial 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 struggle 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 way of students from worldwide, 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
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.
Second, there were tactical considerations behind the vertical integration. 9 Thus, in this early period, bauxite was the preoccupation of private companies and not an arena in which states exerted control. Neither in France nor in the United States was the ownership of bauxite land subject to any strict concession policies. The search for good bauxite properties was initially a race between the aluminum producers, but this was to change during the First World War. Bauxite as a Strategic Resource The year 1914 is the most important point in the history of bauxite production.
Aluérc, on behalf of Bauxit Trust, started working the first bauxite mine in Hungary in 1925 but soon opened others as well. In 1926, the Hungarian government agreed to allow the annual export of up to 350,000 tons of bauxite to Germany for twenty-five years. For the rest of the interwar period, the Hungarian bauxite mines were the most important suppliers of the German aluminum industry. As Germany started rearming in the 1930s, Hungary became one of the largest bauxite producers in the world.