First, with an order volume of 140 to 150 million tons of ore, how strong is the execution? On the one hand, many of these orders are long-term futures in the future. "From signing an order to mining, transportation, shipping, arrival, and so on, it sometimes takes a long process, during which there can be many factors that disrupt order execution, and cases where orders cannot be executed are also common.".
Secondly, due to fluctuations in demand, inland alumina factories, such as Shanxi and Henan, still have demand for imported minerals. Many factories are not fully producing, and the reason why they cannot lock in bauxite is due to high costs. Once there is a significant change in the alumina market and prices, the demand for imported minerals will also increase or decrease.
Third, Guinea's mining capacity. Although Guinea's import volume in January reached 9.26 million tons, climate conditions and the mining and transportation capacity of mining enterprises themselves have limited Guinea's ability to maintain a high monthly export volume. If the annual import volume reaches 150 million tons, it means that Guinea must be able to export 100 million tons of ore, with a monthly export volume exceeding 8.3 million tons. From past data and experience, it is still necessary to maintain a skeptical attitude.
