In a strategic push to enhance its economic sovereignty, Mali’s government has acquired a 51% controlling stake in a newly established civil explosives company. The venture is being developed in partnership with Chinese firm Auxin.
The initiative aims to end Mali’s reliance on costly imports for explosives used in the mining and construction sectors, ensuring a secure domestic supply for major infrastructure and mining projects. The move also allows the government to implement stricter oversight over these sensitive materials.
The project follows Mali’s 2022 crackdown on explosive use, which was driven by security concerns linked to terrorism and illicit activities. It forms a key part of broader mining reforms, designed to increase state participation in the sector and maximize local benefits from Mali’s natural resources.
Officials say producing explosives domestically will not only reduce costs but also strengthen national security and regulatory control, reinforcing Mali’s broader economic and industrial ambitions.
