Bauxite is worth knowing a little better: it's a sedimentary rock with high #aluminum content.
#Guinea mines and exports about 25% of the world's supply of bauxite with #China and #Australia on top of the buyer's list.
Coup in Guinea
The coup in Guinea sent #aluminum prices to a 10-year high.
Aluminum prices on London Metal Exchanges are up more than 40% during the last year, in part driven by production curbs in China's smelting regions.
Commodities are much more than just raw materials.
Geopolitics Influence Commodity Markets
“How do you analyze the impact of geopolitical changes on commodity markets.”
TerraManta uses #machinelearning to analyze the impact of geopolitical changes on #commodity market #fundamentals and resulting price actions.