Financial Times FT.com

Miners scramble to assess impact

By William MacNamara in London and Matthew Green, West,Africa Correspondent

Published: December 24 2008 02:00 | Last updated: December 24 2008 02:00

Global mining groups Rio Tinto, Alcoa, and Rusal were yesterday scrambling to determine how an attempted coup in Guinea, the world's biggest exporter of bauxite, will affect their investments in the west African state.

The aluminium industry is heavily dependent on Guinea, the biggest exporter of bauxite, the raw material used in manufacture of the metal. Guinea, in turn, relies on mining revenues.

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