Guinea Coup Poses Supply-Chain Risks for China’s Aluminum
- China imports more than half of its bauxite from Guinea
- Aluminum prices have rallied on uncertainty created by coup
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Aluminum traded near the highest since 2011 after a military coup in Guinea triggered uncertainty in a key part of the metal’s global supply chain.
The coup’s leader, Colonel Mamady Doumbouya, said Monday he wants “continuity of production” in mining, and for existing mine agreements to be honored.