China could turn to Australia over bauxite after the coup in Guinea fueled fears of global supply disruptions, analysts say

China could turn to Australia over bauxite after the coup in Guinea fueled fears of global supply disruptions, analysts say




China, both a producer and a major consumer of aluminum, could turn to Australia for more supplies of its key commodity, bauxite, after a coup in Guinea threatened to disrupt global supplies, analysts said. Guinea and Australia are two of the world’s largest producers of bauxite. but the military takeover in the West African country has increased the risk of disruptions in production capacity and supply chains. Aluminum prices on the London Metal Exchange rose to $ 2,745 per ton on Monday, hitting a….

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China, both a producer and a major consumer of aluminum, could turn to Australia for more supplies of its key commodity, bauxite, after a coup in Guinea threatened to disrupt global supplies, analysts said. Guinea and Australia are two of the world’s largest producers of bauxite. but the military takeover in the West African country has increased the risk of disruptions in production capacity and supply chains. Aluminum prices on the London Metal Exchange rose to $ 2,745 per ton on Monday, hitting a….

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