TFIGlobal
TFIGlobal
TFIPOST English
TFIPOST हिन्दी
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIGlobal
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
No Result
View All Result
TFIGlobal
TFIGlobal
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean

The Swiss Blockade: Why Guatemala’s Nickel-Mining Operations Have Come to a Halt

Bishnu Rathi by Bishnu Rathi
March 5, 2023
in Americas
The Swiss Blockade: Why Guatemala’s Nickel-Mining Operations Have Come to a Halt
Share on FacebookShare on X

The United States has been pressuring Swiss companies to halt nickel mining in Guatemala to stop Russia from producing weapons, as nickel is an essential element in the manufacturing of weapons. The US has expressed concerns that the nickel being mined in Guatemala is being transported to Russia, where it is used in the production of military equipment.

The Solway Investment Group, based in Zug, has suspended activities of two nickel-mining subsidiaries in Guatemala owing to sanctions imposed by the United States.

Also Read

Moldova President Maia Sandu Says She Would Support Reunification With Romania

Saudi Arabia’s New Military Alliances: Red Sea Pact and Pakistan–Turkey Axis Challenging US Dominance in the Region

“Iceland will be the 52nd state,” Remark deepens fears of U.S. Arctic expansion as Europe deploys forces in Greenland and NATO unity frays 

In November last year, the US Treasury issued sanctions targeting Russian involvement in the Guatemalan nickel sector. This included Compania Guatemalteca de Niquel ProNiCo and Mayaniquel, Guatemalan-based subsidiaries of Solway Investment Group.

Guatemalan town locked in battle against nickel mine - Digital Journal
Digital Journal

The US also sanctioned Dmitry Kudryakov, who leads Solway’s mining operations in Guatemala, and a Belarusian national for allegedly leading bribery and corruption schemes.

Read more: The Havana Syndrome Hoax: How Hegemony Can Twist the Truth

While the talk in town is that the American move is against Russian corruption in Guatemala, there’s more than what meets the eye.

The metallic “Achilles heel” for any military and naval production has always been nickel. The Second World War was a mechanized war that utilized more technically advanced equipment than ever before in order to win.

Thousands of pounds of nickel were used in the mighty flying B-29 Superfortresses, while the war in the Pacific was primarily an amphibious battle requiring rugged engines with many nickel alloy parts able to withstand the corrosive effects of salt water.

World War II Fast Facts | CNN
CNN

Nickel-hardened armor plate for tanks, nickel alloys for anti-aircraft guns and ordnance, and even lightweight and tough portable bridges used in the invasion of Germany all required this essential metal.

There has always been a largely ignored umbilical cord link between Guatemala’s  strategic nickel mines and the Russian military-industrial complex. The mines have been a dominant supplier of nickel to Russia. This is the exact strategic reason behind America’s move, not some normative acts of fighting Russian corruption.

Read more: Venezuela: South American Gold Heist Foiled by Israel

Access to strategic materials has always affected the destinies of nations. The Romans conquered Britain in AD 43 to control valuable tin deposits in Cornwall. Combining tin with copper produces bronze, a more valuable and militarily important alloy. Ancient Chinese metallurgical expertise with iron and steel allowed the Middle Kingdom to become a dominant military and economic force during the prosperous Han dynasty.

Many political pundits and policy analysts feel we are entering a new cold war and strategic resources will be one of the key sources of conflict. Russia, on its part, is ahead of the US in terms of access to such key strategic resources. Guatemala contains one of the largest sources of nickel, along with Norilsk mines for Russia. The US is irked with Moscow’s easy abundance of the strategic mineral. The recent move should therefore be seen in this light.

Russia's chaotic draft leaves some out in cold, without gear - Los Angeles Times
Los Angeles Times

However, it is important to consider the potential impact on the Guatemalan economy and the communities that depend on the mining industry for their livelihoods. Halting mining operations could have serious economic consequences for these communities, and it is important that any decision made takes into account the potential social and economic impacts.

Furthermore, it is important to consider the extent to which this strategy of stopping the flow of nickel to Russia will actually be effective. It is possible that Russia could simply turn to other sources of nickel or find alternative materials for the production of weapons.

Nickel Element Facts and Properties
ThoughtCO

Ultimately, any decision made regarding the mining of nickel in Guatemala should be based on a thorough analysis of the potential social, economic, and political impacts, as well as an assessment of the effectiveness of this strategy in achieving its stated goals. Unfortunately, the US’ move lacks such comprehensive analysis and reeks of a strategic blunder.

https://www.youtube.com/watch?v=tu2NC_Lp0Js

Tags: Joe BidenNIckelPutinRussiaRussian sanctionsSwitzerlandUSA
ShareTweetSend
Bishnu Rathi

Bishnu Rathi

Bishnu Rathi, Associate Editor (Global Desk, English) at TFI Media. Undergrad student from Shaheed Bhagat Singh College, Delhi University. I am a geopolitical aficionado with an adherence to Mearsheimerian Realism.

Also Read

Fentanyl, Referendums, Gangs and Radicals Plague Canada, Are Politicians Pushing the Country to Become 51st State of the USA

Fentanyl, Referendums, Gangs and Radicals Plague Canada, Are Politicians Pushing the Country to Become 51st State of the USA

January 14, 2026
Patagonia Fires and the Allegations Around Israelis

Patagonia Fires: Why Allegations Involving Israelis Are Stirring a Political Storm in Argentina

January 12, 2026
Did the US use Secret Sonic Weapon in Venezuela?

Did the US use Secret Sonic Weapon in Venezuela?

January 12, 2026
"Iceland will be the 52nd state," a remark deepens fears of U.S. Arctic expansion as Europe deploys forces in Greenland and NATO unity frays 

‘Not Transferable’: Nobel Committee Shuts Down Trump as Machado Offers Peace Prize

January 10, 2026
Who is Jonathan Ross? An Iraq veteran and ICE agent who shot and killed a 37-year-old mother of three in Minneapolis woman 

Who is Jonathan Ross? An Iraq veteran and ICE agent who shot and killed a 37-year-old mother of three in Minneapolis

January 9, 2026
MAGA Senator Rick Scott Says US Will ‘Fix’ Cuba and Nicaragua

MAGA Senator Rick Scott Says US Will ‘Fix’ Cuba and Nicaragua, Predicts New President in Colombia

January 8, 2026
Youtube Twitter Facebook
TFIGlobalTFIGlobal
Right Arm. Round the World. FAST.
  • About Us
  • Contact Us
  • TFIPOST – English
  • TFIPOST हिन्दी
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy

©2026 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIPOST English
TFIPOST हिन्दी

©2026 - TFI MEDIA PRIVATE LIMITED

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.