\n However, as presently constituted, no conclusive decision has been made yet.\n <\/p>\n
\n \u201cThe policy aims to regulate bauxite production to prevent a price drop and, consequently, a decrease in company revenues and tax for the government,\u201d Sylla said in an interview.\n <\/p>\n
\n The minister also noted that Guinea held discussions on the subject with the umbrella body of miners on March 12.\n <\/p>\n
\n Sylla further disclosed that Guinea is pressuring investors not to surpass production levels specified in their mining plans and government agreements.\n <\/p>\n
\n \u201cThe decision will take effect in the coming weeks and aims to align 2026 production and exports with what is outlined in the feasibility studies,\u201d he said.\n <\/p>\n
\n Owing to the country\u2019s unexpected shutdowns, bauxite prices have dropped 20% to 35% from their peak in 2025, according to Tom Price, head of commodities at investment firm Panmure Liberum.\n <\/p>\n
<\/p>\n
\n In 2025, the West African country\u2019s bauxite exports surged by over 25% to 183 million tons, most of which were shipped to Chinese refineries.\n <\/p>\n
\n As seen on Bloomberg<\/a>, if Guinea continues with the suggested initiative, it would create more uncertainty for the aluminum industry, which is already dealing with disruptions to Middle Eastern smelters, which produce around 9% of the world’s total supply.\n <\/p>\n \n Guinea also expresses a strong desire for an increased domestic refining of bauxite into alumina. “The criteria the country intends to implement are objective and include on-site ore processing,” stated Sylla.\n <\/p>\n \n Societe Miniere de Boke, a company with shareholders including China Hongqiao Group and the Singapore-registered Winning International Group, was the foremost bauxite exporter in Guinea last year, shipping 71.5 million tons.\n <\/p>\n \n Following in rank were the second and third-largest producers: mines operated by China’s Aluminium Corp. and Compagnie des Bauxites de Guinee, which is owned by Rio Tinto Group.\n <\/p>\n Zimbabwe\u2019s ban on lithium concentrates<\/p>\n \n “Government remains committed to… in-country value addition and beneficiation, compliance, and accountability in the exportation of Zimbabwe’s<\/a> mineral resources,\u201d the country\u2019s mines ministry revealed via a statement, noting that it will realign export procedures because of “continued malpractices during the exportation of minerals.”\n <\/p>\n \n “This review is part of a broader effort to curb leakages and enhance efficiency within our systems,” the ministry added.\n <\/p>\n \n Market reactions were quick, with lithium prices skyrocketing on futures exchanges in response to anticipated supply limitations.\n <\/p>\n <\/p>\n