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Mali, Economy

cotton ginning, Niger River, phosphate rock, uranium, Iron ore

Mali is one of the world’s poorest countries. The economy’s largest sector is agriculture, and crops depend almost entirely on irrigation or flooding from the Niger River and its tributaries. Small industrial enterprises consist primarily of cotton ginning and food processing. Fish from the Niger are important to the diet of the people living along the river. The fishing industry produces a surplus, which is dried and smoked for export. Mineral resources are being surveyed, and gold, salt, marble, phosphate rock, and diamonds have been exploited. Iron ore and uranium are expected to be extracted in the future. Other minerals that have been detected include petroleum, bauxite, manganese, zinc, copper, and lithium. In 1999 Mali produced 445 million kilowatt-hours of electricity; much of that was generated in hydroelectric installations. The government’s budget for 1992 included $376 million in revenue and $697 million in expenditure.

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Article key phrases:

cotton ginning, Niger River, phosphate rock, uranium, Iron ore, bauxite, diamonds, surplus, fishing industry, Mineral resources, tributaries, lithium, flooding, manganese, Mali, irrigation, marble, petroleum, zinc, copper, crops, diet, food processing, salt, gold, agriculture, people

 
 

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