Aluminium hits 10 year high, page-14

The Aluminium price is rising because China is shutting down refineries....not because there is a reduction in available bauxite. Bauxite will be going into surplus because of this shut down and that does Canyon no favours (dont imagine that quality of bauxite alone will do the trick).

However, the Guinea situation opens up possibilities, providing Canyon have not got too far into bed with China to benefit from the new uncertainty around supply...it will all depend on the degree to which bauxite exiting Guinea is impacted.

Good luck to those of you that hold.