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Burundi Stands Up to Foreign Mining Firms, Bans Rare Earth Exports Without Better Profit-Sharing
Sputnik International
https://sputniknews.com/africa/202107271083467254-burundi-stands-up-to-foreign-mining-firms-bans-rare-earth-exports-without-better-profit-sharing/
A former German-Belgian colony, Burundi has remained poor long after independence thanks to decades of civil war along ethnic lines drawn and amplified to ease colonial rule and unequal extraction arrangements signed with multinational corporations.
Burundi’s government has clamped down on what it says are unfair deals with foreign mining companies, blocking exports of high-demand rare earth metals until profits from the operation are more equitably shared with the impoverished country.
The state, which owns the soil and minerals, is not making a profit as it should,” Ibrahim Uwizeye, Burundi’s Minister of Water, Energy and Minerals, said to a group of mining firms doing business in the countr ....

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