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Tag: Opportunity cost

On Frontier of New ‘Gold Rush’

May 11, 2023May 11, 2023 ~ EconEye Admin ~ Leave a comment

Guinea, in West Africa, has the world’s biggest bauxite reserves, the main source of aluminum for electric vehicles. More than 200,000 acres of farmland will be destroyed by bauxite mining. Runoff from mines is destroying many rivers and fishermen draw in hauls so small they can barely make a living.—washingtonpost.com

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