A coup that took place in a coastal country in West Africa may hit closer to home than you think — with smartphones and power lines potentially being affected.
These items all contain aluminum, and the world's primary source of aluminum is bauxite ore. And Guinea, the country where this coup occurred, has the world's largest bauxite reserves.
Soldiers from the country's special forces had ousted President Alpha Conde, citing corruption as their motivation.
In the process, the coup disrupted nearly a decade of political stability in the mineral-rich nation.
Watch the video above to find out why a coup in Guinea was felt around the world, and what this latest blow means for consumers and businesses around the world.
Persons:
Alpha Conde
Organizations:
London Metal Exchange, Markets
Locations:
West Africa, Guinea, Conakry