Bauxite Prices Plunge by Half; World's Largest Bauxite Exporter to Take Action

MetaMuskRat · 2026-03-19T03:00:07+00:00

People's Finance News on March 17: According to recent reports from multiple international media outlets, Guinea, the world's largest bauxite producer, is in negotiations with mining companies to control market supply and curb the downward pressure on raw material prices. Reports indicate that bauxite, the raw material for producing alumina, has seen its price nearly halved since the beginning of 2025. One of the main reasons for the sharp price decline is a surge in supply that far exceeds market absorption capacity. It is reported that Guinea accounts for approximately 70% of global bauxite supply, with exports reaching 183 million tons in 2025, a year-over-year increase of 25%. (CCTV Finance)

MetaMuskRat

2026-03-19 03:00:07

People’s Financial News, March 17 — According to recent reports from multiple foreign media outlets, Guinea, the world’s largest bauxite producer, is negotiating with mining companies to control market supply in order to curb the downward trend of raw material prices. The report states that the price of bauxite, a raw material for aluminum oxide production, has nearly halved since early 2025. One of the main reasons for the sharp decline is a significant increase in supply, far exceeding market absorption capacity. It is reported that Guinea accounts for about 70% of global bauxite supply, with exports reaching 183 million tons in 2025, a 25% increase year-on-year. (CCTV Finance)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.