Is it time to stop calling bauxite a minor bulk?
- Exports of the mineral are up more than 25% on 2024
- Without it, capesize rates would have significantly softer over the past two years
- Negotiations between Guinea and China will be crucial as the African country seeks to take greater control of its key exports
Bauxite is lumped together with several other so-called minor bulks, but the mineral’s impact on the capesize sector has been anything but minor
