Global bauxite reserves were 27.5 billion tonnes (Bnt) as of January 2016. Guinea had the world's largest reserves, with 7.4Bnt, accounting for 26.9% of the global total, with most bauxite deposits located in the western and central part of the country. Australia held the second largest reserves at 6.2Bnt. The highest grade bauxite reserves are located in Queensland and the Northern Territory, with the Weipa and Gove mines having grades of 49-53% Al2O3. Brazil ranked third with 2.6Bnt of bauxite reserves, of which around 80% are located in the Trombetas region.
Global bauxite ore production was an estimated 279.7 million tonnes (Mt) in 2015, a decrease of 0.3% over the previous year, as a result of a decline in production from Brazilian and Chinese bauxite ore mines. Global bauxite production in 2014 at 280.6Mt was also, down by 5.2% over 2013 due to a fall in production from Indonesia. The country produced just 500kt in 2014, against 55.7Mt in 2013, as a result of the ban on exports of raw ores imposed at the beginning of 2014.
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Report Highlights
* Australia, China, Brazil, Guinea and Jamaica are the world's largest bauxite producers, collectively accounting for an estimated ore production of 212Mt in 2015 or 75.8% of the global total.
* China, the US, Ireland, Canada, Ukraine, Spain and Germany were the major importers with a combined share of 67.2Mt or 89% of the global total in the same year.
* Guinea, Australia, Brazil, India, Jamaica and Malaysia were the world's major exporters of bauxite ores and concentrates and collectively accounted for 60.6Mt or 89.6% of the global total in 2014.
Report Scope
The report contains an overview of the global bauxite mining industry together with the key factors affecting the industry and demand for the commodity.
It also provides information about global bauxite reserves, historic and forecast data on bauxite production, data on major bauxite ores and concentrates exporting and importing countries, the competitive landscape and active, exploration and development bauxite projects.
Reasons to Get this Report
Gain an understanding of the global bauxite mining industry, reserves, historic and forecast data on bauxite production, aluminium prices, trade data for major exporting and importing countries, demand drivers, active, exploration and development bauxite projects and the competitive landscape.
Companies Mentioned in this Report: Rio Tinto Plc, Alcoa Inc., National Aluminium Company Ltd, Aluminium Corporation of China Ltd, South32 Ltd, Gujarat Mineral Development Corporation Ltd
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Global Bauxite Mining to 2020 - New Market Report
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001