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Madagascar Pushes for Local Mineral Processing as Condition for Mining Investment

Madagascar Pushes for Local Mineral Processing as Condition for Mining Investment

Sputnik Africa

Madagascar Pushes for Local Mineral Processing as Condition for Mining InvestmentFuture mining contracts must include commitments to process Madagascar's... 14.05.2026, Sputnik Africa

2026-05-14T21:47+0200

2026-05-14T21:47+0200

2026-05-14T22:04+0200

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Madagascar Pushes for Local Mineral Processing as Condition for Mining InvestmentFuture mining contracts must include commitments to process Madagascar's minerals locally before export, President Michaël Randrianirina said at the Summit in Nairobi. “There are two paths: either we ask the operator to commit not just to exporting our resources but to processing them locally, and only then exporting them, or we revise the law, particularly the mining code,” Malagasy media quoted him as saying. Local processing would generate substantial state revenue, create jobs, and boost tax and customs income, Randrianirina added.Subscribe to @sputnik_africa Sputnik Africa | X

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