Wednesday, July 19, 2023

Geopolitical Monitor: Colombia’s Nickel Reserves: A Blessing and Curse

 

"Colombia’s Nickel Reserves: A Blessing and Curse"

Wilder Alejandro Sanchez

Situation Report

Geopolitical Monitor

19 July, 2023

Originally published: https://www.geopoliticalmonitor.com/colombias-nickel-reserves-a-blessing-and-curse/

The Colombian government is eager to expand and diversify the country’s mining industry by exploiting critical minerals, including nickel, which is currently solely mined in Cerro Matoso. As global demand for this critical mineral reminds high, nickel can be very profitable for Colombia’s mining industry and economy; however, we cannot overlook issues related to nickel mining, including environmental destruction and health problems for workers and local inhabitants. Even violence has become commonplace around Cerro Matoso.

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