Home / Technology / Mali takes 51% stake in China-backed local explosives venture

Mali takes 51% stake in China-backed local explosives venture

Mali has taken a 51% stake in a new industrial‑explosives venture with China’s Auxin Chemical Technology, its Council of Ministers said, tightening state control over critical mining inputs and extending Beijing’s industrial expansion in the Sahel region.

BAMAKO, Jan 25 – Mali has taken a 51% stake in a new industrial‑explosives venture with China’s Auxin Chemical Technology, its Council of Ministers said, tightening state control over critical mining inputs and extending Beijing’s industrial expansio… [1250 chars]

Source: Reuters | Published: 2026-01-26T12:13:50Z

Credit: Reuters

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