New report provides details on the global bauxite mining market

A new Research report by Orbis Research delivers detail insight into the bauxite mining market covering a global industry A new Research report by Orbis Research delivers detail insight into the bauxite mining market covering a global industry overview, trends, growth and size. The report also provides analysis & forecast for the industry up to 2020.
 
The report analyses the key factors affecting the industry and global demand for the commodity. The report also provides information about global bauxite reserves, historical and forecast data on bauxite production, import and export data on bauxite ores and concentrates, exploration and development of active bauxite projects and also about market competition and demand drivers.


The report says, as of January 2016, global bauxite reserves were 27.5 billion tonnes and Guinea had about 7.4 billion tonnes of the total reserve, accounting for 26.9% of the same and claiming the largest reserve in the world. Australia had the second largest bauxite reserves at 6.2B 5 billion tons with the highest grade bauxite reserves located in Queensland and the Northern Territory.  Brazil ranked third with 2.6Bnt of bauxite reserves, of which around 80% are located in the Trombetas region.

The report says that global bauxite ore production dropped 0.3% YOY to 279.7 million tonnes (Mt) in 2015 due to a drop in production from Brazilian, Malaysian and Chinese bauxite ore mines.

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Global bauxite production also dropped 5.2% to 280.6 million tonnes in 2014 in comparison to 2013 due to production drop in Indonesia. The country produced just 500kt in 2014, against 55.7Mt in 2013 as a result of the ban on the exports of mineral ores imposed in January 2014.

The report covers the activities and operations of some of the major bauxite mining companies in the world including:

• Rio Tinto Plc
• Alcoa Inc.
• National Aluminium Company Ltd
• Aluminium Corporation of China Ltd
• South32 Ltd
• Gujarat Mineral Development Corporation Ltd

The report also provides a detail analysis of the bauxite reserves of the following countries.

• Guinea
• Australia
• Brazil
• Vietnam
• Jamaica
• China

The report can help one gain a detail understanding of the current status of the global bauxite mining industry.

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