The quiet rise of Vietnam in aluminium: Bauxite, smelters and growth paths
As the global demand for aluminium continues to surge, Vietnam is stepping up as a vital player in the supply chain. With its rich bauxite reserves and increasing production capabilities, the country is becoming an attractive hub for investors and manufacturers looking for reliable and cost-effective sources of this lightweight metal. As the competition for aluminium supply heats up, Vietnam's emerging role in transforming trade flows in the aluminium market is certainly catching the industry's eye.
Bauxite reserves and subsequent mining developments
Vietnam, boasting an impressive 5.8 billion tonnes of bauxite in 2024, as per the data of the USGS. The country ranks as the second-largest holder of bauxite in the world, right after Guinea. These reserves, mainly found in the Central Highlands, especially in Dak Nong Province, are setting the stage for the country to become a key player in alumina and aluminium production, enhancing its role in the global supply chain.
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