According to Ecomatin, the fund is financed by a share of extraction taxes, export duties, the payment of state dividends and a bonus mechanism. It aims to ring-fence these flows so that they are not diluted in the state's general operating budget but reserved for financing the start of industrial processing.
The measure is linked to the suspension of raw ore exports scheduled for January 2029. According to Ecomatin, Eramet is targeting local processing of 700,000 tonnes a year by 2031, while Coalsal plans to build a processing unit with a capacity of 70,000 tonnes.
The broader industrial strategy of which the fund is part also provides for several infrastructure projects, including the Belinga-Booue-Mayumba railway, the Booue hydroelectric dam and the planned Mayumba deep-water port.
