Tianshan Aluminum Acquires Stake in Guinean Mining Company, Secures Exclusive Mineral Rights Amid Bauxite Export Rumors

Published: Mar 22, 2026 00:06

Save

Tianshan Aluminum Acquired a Stake in a Local Mining Company in Guinea and Obtained Exclusive Purchasing Rights to Its Mineral Products

An investor asked on the investor interaction platform: Hello, there have recently been rumors that Guinea may restrict bauxite export quotas. Has any branch or subsidiary of Tianshan Aluminum in Guinea received any notice or information related to restrictions on the mining or export of Guinean bauxite? If so, could you disclose the specific details? Thank you! On March 19, Tianshan Aluminum stated on the investor interaction platform that the company had acquired a stake in a local mining company in Guinea and obtained exclusive purchasing rights to its mineral products.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

Data: SHFE, DCE market movement (Mar 24)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 24 Mar , 2026

1 hour ago

Aluminum Alloy Futures Dip, Spot Market Holds Steady Amid Limited Sentiment Recovery

[SMM Daily Review of Aluminum Alloy] Futures: The aluminum alloy 2604 contract opened at 22,750 yuan/mt today. After a brief dip in early trading, it then fluctuated upward. It attempted to move higher multiple times during the session but failed to break the intraday high, gradually weakened in the afternoon, and accelerated its pullback late in the session. It finally closed at 22,585 yuan/mt, down 165 yuan/mt from the previous settlement price, a decline of 0.73%. Spot: The ADC12 market as a whole continued to hold prices steady today. Although aluminum prices showed signs of stabilizing today, market sentiment recovered only to a limited extent, and enterprises generally chose to delay price adjustments and remain on the sidelines. Demand side, downstream order improvement was not obvi

1 hour ago

3 hours ago

East China Market Sellers Held Prices Firm, While Transaction Premiums Continued to Narrow [SMM Midday Spot Aluminum Commentary]

3 hours ago