How Alec Sellum Is Changing The Gold Industry

Alec Sellum is an English businessman who founded his own company, Sellem Industries. His company is in the gold mining and refining industry. His goal is to streamline this industry. In the past, gold has been mined in Africa and then shipped overseas where it gets refined. He creates African refineries so the whole process is localized and benefits more people in African countries such as Sierra Leone and Senegal.

He was born in France and moved to the United Kingdom at a young age. He developed an interest in Africa at a young age and visited there a number of times. He now develops customized methods of mining and refining gold that maximizes efficiency and helps local communities in Africa. Alec Sellum has partnered with remote villages which includes establishing a foundation. His foundation supports agriculture, offers educational opportunities, and helps people become employed in the gold industry.

Alec Sellum says that between globalization and the introduction of new technologies the traditional ways of doing business have completely changed. While this had led to new business ideas another consequence has been that many entrepreneurs don’t look at how to revolutionize already developed industries. He is focused on creating more efficient processes in gold mining and refining. He also looks to develop partnerships between his company, government, and local communities.

He travels back and forth from the UK to Africa on a regular basis. Alec Sellum says that his workdays are always different. While for some people this would be disconcerting and cause anxiety he thrives on it. He says that each day he wears a multitude of different hats as he is deeply involved in all aspects of business.

More about this entrepreneur and how he is upending the gold industry can be found in this interview.

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