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Economy and Aid

Somalia Confirms Uranium, Lithium, and Cobalt Deposits, President Says

21 September 2026 · Verified · 3+ independent sources · Edition 16

President Hassan Sheikh Mohamud announced that Somalia has confirmed deposits of critical minerals including uranium, lithium, and cobalt. This discovery is expected to attract foreign investment and boost the country's economic growth. The President emphasized the potential for these resources to transform Somalia's economy.

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