Gabon seeks private partners to boost processing of minerals

July 11, 2017

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Gabon, Africa’s second-biggest manganese producer, wants to partner with private companies to process most its minerals locally before exporting them, Mining Minister Christian Magnagna said. Local processing will boost the mining industry’s contribution to gross domestic product from the current 2.1% to at least 4% as the central African nation seeks to make its economy less dependent on oil, Magnagna said in an interview in the capital, Libreville. The country’s main manganese mine in Moanda in the southeast processes about 6% of its total output, which stood at 3.8 million metric tons last year.

Category: General