GUINEA Issue dated 24/03/2021

Bauxite producer Alufer hit by unsold stock, lower prices and customers turned producers

Bauxite mine.
Bauxite mine. © Alufer Mining
British bauxite company Alufer has seen its revenues fall by $70m over the last two years. Bauxite prices have fallen but it has also lost business as a result of former clients Chalco and SPIC going into mining on their own account. [...] (390 words)
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