By Robin Gendron, Mats Ingulstad, Espen Storli
Because the key part in aluminum creation, bauxite has turn into some of the most very important minerals of the final 100 years. to a couple it introduced fiscal and political virtue, yet for plenty 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 background represents, from its strategic improvement within the First international battle to its function within the globalization of markets as businesses from the northern hemisphere vied for the assets of the south. that includes essays via students from world wide, this wide-ranging assortment is a historical past of 1 crucial mineral and a brand new point of view on a time of change.
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Extra resources for Aluminum Ore: The Political Economy of the Global Bauxite Industry
33 In December 1916, Alcoa formed Surinaamsche Bauxite Maatschappij to take over all of the Dutch Guiana operations. As in British Guiana, it was thought best to have a locally chartered company to hold the bauxite rights. 34 Despite the 1870 discovery of bauxite, French Guiana was neglected compared with its neighbouring sister colonies because its bauxite was of a lower quality. When somebody finally did take an interest in the bauxite of the colony, the ubiquitous Frank Harvey again played a part.
After having fallen out with Harvey, Gibbons organized search parties on his own and started purchasing bauxite deposits. Harvey, who evidently did not believe the breach to be final, was enraged when he realized that he was again being bypassed. ” With the aid of his local lawyer, Gibbons convinced the editor not to print the letter. In a twist worthy of a soap opera, Harvey and Gibbons then were reconciled and the former sold all his bauxite concessions to Alcoa. ”32 By this time Alcoa was confident that all important deposits were under its control.
38 David Yoffie, Beyond Free Trade: Firms, Governments and Global Competition (Boston: Harvard Business School Press, 1993). 39 Norman Girvan, Corporate Imperialism: Conflict and Expropriation; Transnational Corporations and Economic Nationalism in the Third World (London: Monthly Review Press, 1976); Dietmar Rothermund, The Routledge Companion to Decol onization (New York: Routledge, 2006), 217. 40 Steven Holloway, The Aluminum Multinationals and the Bauxite Cartel (New York: St. Martin’s Press, 1988); Isaiah Litvak and Christopher Maule, “The International Bauxite Agreement: A Commodity Cartel in Action,” International Affairs 56, 2 (1980): 296-314.