Axis Minerals vs Guinea: a $1B test for resource nationalism and investor confidence

A single government decree has crystallised a conflict at the heart of modern extractive politics: how far can a resource state push for value-addition and control before it destroys the investment bedrock it claims to need? The answer (for now) may hinge on an arbitration filing lodged in New York that demands USD 1 billion in damages after Guinea revoked the mining licence of Axis Minerals, one of the country’s largest private bauxite operators.
Also read- Odisha's AL renaissance: Angul Aluminium Park sets the stage for a global manufacturing hub
A purge was announced on television
Unlock full access – sign up for FREE.
Key benefits
Mysteel: Guinea bauxite prices edge lower on weak alumina prices
Next articleMetro Mining sets another record in Bauxite Shipment; what’s driving the surge?
Grow with
AL Circle





















