The global bauxite market size is poised to grow at a CAGR of 2.7 per cent by 2032, reaching USD 19.6 billion. In 2024, the market size was USD 15.9 billion, and in 2025, it is expected to stand at USD 16.4 billio - still a USD 3.2 billion journey away from its projected peak. And as the numbers rise, so does the momentum across the industry. It unveils news projects, secures fresh investments, expands capacities, and even reshapes policies to align with the changing market landscape. The past week was a vivid reflection of this energy. Guinea ramped up its shipment volumes, Tianshan Aluminium expanded its footprint, and Metro Mining reaffirmed its steady march toward its 2025 shipment target.The wave of activity did not stop there. Riding on the same current of progress, alumina refiners and primary aluminium producers also advanced their strategic moves, ensuring the entire aluminium value chain is in sync with the growth rhythm. This recap is a reflection of those progresses, while offering analyses of the market.
Global export race intensifies
{alcircleadd}The global race to supply bauxite shows no sign of slowing. While Guinea on one hand has shipped 139.21 million tonnes of bauxite by September 2025, Metro Mining from Queensland has supplied 4.84 million tonnes. Within the first half of 2025, Metro shipped 99.8 million tonnes and in the third quarter 39.41 million tonnes. The target is to achieve 199 million tonnes for the full year, meaning in the last quarter, Metro will need to ship 59.8 million tonnes. Possible? With doubled port capacity from five operational terminals to nine, this figure does not look unrealistic, may be a little ambitious.
Guinea and Australia are the two major bauxite suppliers to the world. In 2024, Guinea’s bauxite exports had reached about 123 million tonnes, which by the third quarter of 2025 has already touched 139 million tonnes. If the momentum continues as expected, the total supply volume is likely to exceed 175 million tonnes by the end of 2025.
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