Guinea to Introduce Bauxite Export Controls in June Amid Price Declines
Guinea plans to implement reforms in June to regulate bauxite exports, which surged 25% to 183 million tons in 2025. The initiative aims to stabilize falling prices that have dropped nearly 50% from early last year, as the country seeks to enhance local processing and attract investment.
Theia Market Signal Identification - AI Assisted
In June, Guinea will announce new export regulations for bauxite, the raw material for aluminum production. Bauxite shipments rose by 25% to 183 million tons in 2025, contributing to a significant price decline, with prices decreasing by nearly half from their peak early last year.
The government aims to control supply to align it with demand, as stated by Mines and Geology Minister Bouna Sylla. It is also pushing for local alumina refining capacity, with three new plants in development to produce a combined capacity of 7.2 million tons annually.
This follows similar export restrictions by the Democratic Republic of Congo and Zimbabwe. The transition to aluminum smelting is also a focus for attracting investment.
Comments