Bauxite, an aluminum ore, is the major source of aluminum, which consists of other constituent such as iron oxide, silica, and titania in varying proportions.
Portland, OR -- (SBWIRE) -- 12/11/2017 -- The primary steps involved for bauxite mining includes drilling, blasting, overburden stripping & removal, mining excavation & truck loading, and transportation to the beneficiation facility.
Bauxite is found mainly in tropical and subtropical areas such as Africa, West Indies, South America, Australia, and small deposits in Europe. Australia is the largest producer of bauxite in the world with five active bauxite mines. Most of the bauxite mined is converted to alumina to produce aluminum metal.
Stringent government regulation on carbon dioxide (CO2) emission have compelled automobile manufacturers to produce fuel-efficient lightweight vehicles. Superior properties of aluminum such as corrosion resistance, high density, high ductility, high strength, and lightweight have led to its increased adoption in automobile industries to manufacture lightweight vehicle parts. Thus, increase in usage of aluminum drives the growth of the bauxite mining market. In addition, rise in use of bauxite for manufacturing cement fuels the market growth.
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The global bauxite mining market is segmented based on application and geography. On the basis of application, the market is categorized into alumina for metallurgical purposes, abrasives, refractory, and cement. The report analyzes the market trends in different geographies, which include North America, Europe, Asia-Pacific, and LAMEA.
Bauxite Mining Market Key Segmentation:
- Alumina for Metallurgical Purposes