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Guinea Considers Bauxite Export Quotas Amid Price Decline and Rising Freight Costs

STRATEGIC MINERALS

Guinea is negotiating with mining companies to implement export quotas for bauxite to control supply and stabilize prices. Mines and Geology Minister Bouna Sylla indicated that the measures, which may take effect soon, aim to prevent a decrease in company revenues and government tax revenue.

Bauxite prices have fallen significantly since early 2025, leading to increased exports to 183 million tons last year, mostly to China. The government is also focused on enhancing domestic alumina refining capabilities and has previously canceled licenses for non-compliance. Guinea produces over 40% of global bauxite and is looking to regulate its mining sector due to rising freight costs and market dynamics.

Guinea Considers Bauxite Export Quotas Amid Price Decline and Rising Freight Costs
Mar 17, 2026, 3:49 PM

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