Economy, Mining and Manufacturing

Benin’s chief mineral product is petroleum, although reserves are believed to be nearing exhaustion. Some limestone is also produced for use in cement manufacturing, and gold is exploited and used by artisans. Most other mineral resources are undeveloped. The chief manufacturing activity is the processing of primary products. Industry includes palm oil processing operations, textile mills, a cement plant, and a sugar-refining complex. A wire and steel manufacturing plant recently opened.