johnmuhaisebikalemesa@yahoo.com The exploration was led by Africa Oil, a Canadian oil company, and Range Resources. GMT Minerals intends to establish the handling and processing plant near the deposit. There are also small deposits of copper and iron ore in the country. The country’s climate is desert-like.Have we missed some critical information from this article? Somalia was once a world’s major uranium supplier, with the United Arab Emirates, the US, Brazilian, and Italian mineral companies competing for mining rights. Somalia has untapped reserves of numerous natural resources, including uranium, iron ore, tin, gypsum, bauxite, copper, salt and natural gas. On the one hand Somalia is experiencing significant environmental problems, including deforestation, overfishing, overgrazing and soil erosion, while on the other
In addition, the regions of Somaliland and Puntland have unilaterally declared autonomy. Somaliland is rich in minerals, has one of world’s largest gypsum deposits and has clean coastline of 850 km, which are all important investment opportunities.Tonnes of a very important mineral by the name of Columbite-Tantalite were officially exported at Berbera port at the end of last month [June 2011]. Before the destruction of the salt factory, the plant produced about 200,000 metric tons of salt which were mainly exported to Far East Asia. Abdirahman explains the importance of this mineral “Columbite Tantalite is very useful in many industrial fields, and is normally used for electronic industry and for new technology uses.” Abdirahman met an Italian businessman Dr. Gianni Dormi and both decided to invest in the exploitation of Somaliland minerals. Here are some of the major resources of SomaliaSomalia’s proximity to the Gulf of Arab states such as Yemen and Saudi Arabia makes it a huge potential for oil reserve. Ginn Mineral Technology is currently working in Somalia to develop one of the world’s largest gypsum deposits. Are you sure you want to print? Are you a company, organisation or research group operating in this region and feel you warrant inclusion on this page? For a long time, the country did not have a substantial government in place. CountryReports - Your World Discovered! Somalia’s proximity to the Gulf of Arab states such as Yemen and Saudi Arabia makes it a huge …
The country has Somalia once had the biggest salt factory in the world.
Australian and Chinese oil companies have been granted licenses for finding petroleum and other natural resources in the country. Range Resource, an oil group based in Sydney estimates that the Puntland province in the north of Somalia has the potential to produce 5-10 million barrels of oil.
Somalia Natural Resources. As a result of these developments, the Somali Petrole… “Such efforts will wash away the propaganda against Somaliland spread by the international media” Abdirahman added. It also has deposits of several other non-metallic minerals such as kaolin, silica sand, feldspar, and limestone.
Somalis in the diaspora have also supported the initiative and are currently mobilizing funds to help in the salt mining in the coastal sea.In recent years, several other minerals have been produced in Somalia including gemstone, sandstone, niobium, granite, tantalum, and marble. Somalia is one of the poorest and least developed countries in the world and as such presents unique challenges in terms of natural resource management.
The plant is expected to process about 2 million tons of gypsum every year and also produce homogenized products for calcination and pulverization.Uranium was discovered in Somalia in the late 1960s by UN geologists who also discovered several other minerals in the country. The Hafun Salt Factory was established in the Hafun area in northern Italian Somalia. 1st floor, Room 304 Its proximity to countries such as Yemen and Saudi Arabia makes it a potential reserve of oil. Oil.
Geologically similar to oil-rich Gulf countries, the Horn of Africa is known to contain untapped oil reserves. As the demand and price rise and the producing deposits dwindle, the global commodity sector is seeking new frontiers from which to satisfy the demand. Oil and gas opportunities in Somalia.
Somalia is one of the poorest and least developed countries in the world and as such presents unique challenges in terms of natural resource management.
It is two decades since Somaliland got its independence from the rest of Somalia in 1991.