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U.S. Bets Big on Guyana’s Bauxite | Guyana News
Description
The U.S. is pouring $150 million into a bauxite mine in Guyana—$85.5 million from the government and $64.5 million from private investors—to secure critical minerals for defense tech like heat shields and turbine engines, reducing reliance on China. The plan includes building processing facilities in Guyana and eventually a brown-fused alumina plant in the U.S., backed by State Department infrastructure funding. This move signals a broader push to strengthen Western Hemisphere supply chains, with top U.S. officials set to visit Guyana soon to deepen economic and energy ties—while China already holds major stakes in Guyana’s mining sector.
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