Mali-Norinco Group Partnership: A Civil Explosives Industry in Preparation

A strategic project to reduce imports

In the second quarter of 2023, Mali imported $5.2 million worth of explosives and pyrotechnics, essential for the operation of its mines. Faced with this dependence, Mali is moving towards a local solution with the signing of a partnership with the Chinese group Norinco Group , via its subsidiary Auxin Chemical Technology Ltd , for the construction of a civilian explosives plant.

Objectives and distribution of shares

The main objective of this initiative is to allow the Malian government to control the production of civilian explosives needed for its mines and quarries, thus reducing its dependence on imports. According to the agreement, 51% of the capital of the plant will be held by Mali, while Norinco Group will retain 49% .

Chinese expertise and financing

The Chinese group will not only provide full financing for the project, but also its technical expertise, ensuring a quick and efficient implementation. The execution time is estimated at 12 months , although the amount of the project has not yet been disclosed.

A rich subsoil and local ambitions

As the leading gold producer in the WAEMU zone, Mali has diverse mineral resources, including manganese, iron, and lithium, the exploitation of which requires the use of industrial explosives. This project is part of a broader strategy to promote local content in the mining industry, by integrating more national workforce and expertise.

Economic and social benefits

According to the Minister of Mines, Amadou Keïta , the creation of this civil explosives plant will not only generate jobs, but also added value for the Malian economy. This project is aligned with the objectives of the Alliance of Sahel States (AES) , which seeks to better control the value chain of its mineral resources to maximize their economic and social benefits.

Conclusion

With this partnership, Mali is taking a crucial step in mastering its mining production chain. This project is not limited to reducing imports, but also aims to strengthen the local economy, create jobs, and maximize the benefits from its natural resources. It marks a milestone in the country’s strategy for economic autonomy and sustainable development.