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Economics of the Coup in Guinea: Aluminum Jumps as Guinea Coup Attempt Fuels Supply Concerns



the price of Aluminum  set to climb to the highest in more than a decade as political unrest in Guinea fueled concerns over supply of the raw material needed to make the metal.

A unit of the military seized power and suspended the constitution, with head of special forces, Colonel Mamady Doumbouya, urging the army to back him. That rattled global aluminum markets Monday — prices in London notched a fresh 10-year high and futures in China climbed to the highest since 2006 — as the political instability raises the possibility of disruptions to bauxite shipments from the key global supplier.

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