China may turn to Australia for bauxite after Guinea coup stokes fears of global supply disruptions, say analysts

China, both a producer and major consumer of aluminium, could turn to Australia for more supplies of the key raw material bauxite after a coup in Guinea threatened to disrupt global supply, analysts said.Guinea and Australia are two of the world’s biggest bauxite producers, but the military takeover in the West African country has raised the risk of interruptions to production capacity and supply chains.Prices of aluminium on London Metal Exchange surged to US$2,745 a tonne on Monday, hitting a…