Aluminium prices hit 13-year high after Guinea coup
- Economy
- AFP
- Published Date: 04:45 | 08 September 2021
- Modified Date: 04:45 | 08 September 2021
The price of aluminium surged to its highest level in 13 years on Wednesday, with concerns about the effect of the coup in Guinea -- a major producer of raw material bauxite -- on already limited supply.
A tonne of aluminium, which is used predominantly in transport and building, reached $2,807.50 in Asian trade on the London metals market -- the highest since August 2008.