Deripaska thinks that the situation in Guinea may shake up the aluminum market

06 September 2021


Businessman Oleg Deripaska believes that the attempted coup d'etat in Guinea may affect the aluminum market. The entrepreneur made this assumption on Sunday in his Telegram channel.


"The aluminum market could be seriously shaken by this situation because 20% of the world's aluminum production uses bauxite from this small and very poor country," he wrote, commenting on reports of an attempted takeover by rebels in Guinea.


According to the French media group France 24, rebel leader Special Forces Colonel Mamadi Doumbouya appeared on national television on Sunday and announced the detention of President Alpha Condé, the dissolution of the government and the suspension of the constitution. Earlier, Doumbouya said in a video posted on social media that he had taken over as leader of the National Committee for Cohesion and Development. According to him, the aim of the committee is to unite all citizens of the country to solve the problems of the state.

 

 

GSV "Russia - Islamic World"

Photo: Creative Commons

Based on materials from TASS