US EditionGuinea Mulls Bauxite Export Quotas to Mitigate Price Slump
3 Articles
3 Articles
While bauxite prices are down compared to last year, Conakry, the world's leading exporter of ore, intends to regain control over the situation by controlling exports, a strategy that has its limits.
Guinea mulls bauxite export quotas to mitigate price slump
Guinea is mulling the introduction of bauxite export quotas as it tries to protect itself from a slump in prices of the ore used to produce aluminum. The West African country is the world’s top bauxite producer but it has been hit by rising shipping costs and price drops — they have fallen up to 35% from 2025 highs on surprise shutdowns in Guinea itself. If implemented, the move would see Guinea follow in the footsteps of DR Congo and Zimbabwe,…
Guinea weighs bauxite export quotas amid price slide
GUINEA, the world’s largest bauxite producer, is considering introducing export quotas for mining companies as early as this month, said Reuters on Tuesday, citing sources familar with the matter. The move comes as global prices for the aluminium feedstock have fallen between 20% and 35% from their 2025 highs, while rising freight costs squeeze producer revenues. Benchmark bauxite cargoes from Guinea and Australia were trading at between $60 and…
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