By Robin Gendron, Mats Ingulstad, Espen Storli
Because the key part in aluminum construction, bauxite has develop into probably the most vital 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 heritage represents, from its strategic improvement within the First international battle to its position within the globalization of markets as businesses from the northern hemisphere vied for the assets of the south. that includes essays through students from worldwide, this wide-ranging assortment is a historical past of 1 crucial mineral and a brand new standpoint on a time of change.
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Extra resources for Aluminum Ore: The Political Economy of the Global Bauxite Industry
First, the case study illustrates the importance of local actors. It was the concerted efforts of the colonial Geological Survey and local entrepreneurs like Frank Harvey that brought the bauxite to the attention of the established aluminum industry. Although their motivations differed – the geologists were hired to locate resources that could be used to foster economic development in the colonies, whereas the entrepreneurs were interested in personal gain – both groups of actors were essential in convincing potential investors of the merits of investing in South America.
16 Michael Porter, Competition in Global Industries (Boston: Harvard Business School Press, 1986), 35. 17 The seminal work on vertical integration in the aluminum industry is John Stuckey, Vertical Integration and Joint Ventures in the Aluminum Industry (Cambridge, MA: Harvard University Press, 1983). 18 This can be exemplified by the Swiss company AIAG (Alusuisse) ca. 1910: The company mined its bauxite in Provence, France, and then shipped the bauxite to a refinery in Silesia, Germany, where the bauxite was refined into alumina.
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.
Aluminum Ore: The Political Economy of the Global Bauxite Industry by Robin Gendron, Mats Ingulstad, Espen Storli