China Aluminium Network
80% Imported Bauxite of China from Indonesia
Edited by : AL CIRCLE
1 min read
China’s import volume of bauxite has been increasing sharply this year.
From officials of Chalco and Shangdong Xinfa Aluminum,its learnt that Indonesia is involved in restricting the export of bauxite.
This will exert great pressure on the aluminum oxide industry in China. 60% of China’s bauxite depends on import.From 2008,80% of bauxite was from Indonesia. Furthermore, the import channel for bauxite is becoming increasingly monopolized.In the last two months,only Indonesia and Australia have been exporting bauxite to China.But in the first half of 2011,the exporting countries also included India, Malaysia, Turkey, etc.
An official from Shangdong Xinfa Aluminum said, once the Indonesian government begins to restrict the export of bauxite, China’s aluminum industry will be severely hit.
Indonesia is one of the major bauxite exporting countries in the world. It has a bauxite stock of more than 20million tons. Due to its high grade, Indonesia’s bauxite is very popular in the global market.
From officials of Chalco and Shangdong Xinfa Aluminum,its learnt that Indonesia is involved in restricting the export of bauxite.
This will exert great pressure on the aluminum oxide industry in China. 60% of China’s bauxite depends on import.From 2008,80% of bauxite was from Indonesia. Furthermore, the import channel for bauxite is becoming increasingly monopolized.In the last two months,only Indonesia and Australia have been exporting bauxite to China.But in the first half of 2011,the exporting countries also included India, Malaysia, Turkey, etc.
An official from Shangdong Xinfa Aluminum said, once the Indonesian government begins to restrict the export of bauxite, China’s aluminum industry will be severely hit.
Indonesia is one of the major bauxite exporting countries in the world. It has a bauxite stock of more than 20million tons. Due to its high grade, Indonesia’s bauxite is very popular in the global market.
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