this post was submitted on 11 Nov 2024
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GenZedong
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A lot of the time they didn't even build a refinery; bauxite, gold ore, coco all tend to be exported and refined in colonizer countries.
Under neocolonialism, even when the country's government or national bourgeoisie manage to build a refinery, the foreigner or comprador-owned mines prefer to export, since they have an interest in keeping the colonized country poor to keep labor costs down.
Ghana for instance has at least 3 major gold refineries built in the last 15 years sitting idle while the ore is exported.
True for all commodities; Ireland exported food during the famine, because its sold to the West the price of quinoa makes it unaffordable for people who live where its grown, etc.
And creating jobs at home I would say too
Mine where the resources are, refine where is cheaper and have the laxes environmental laws
The reason they're not using the refineries in Ghana isn't because they're more expensive or have strict environmental laws. It's significantly cheaper to refine locally as 1 ton of ore yields 2-10 grams of gold. We're talking millions of tons of ore vs tons of bullion.