Global Bauxite Mining to 2020 report published by Market Research Store
Deerfield Beach, FL -- (SBWIRE) -- 08/05/2015 -- Synopsis
The 'Global Bauxite Mining to 2020' report comprehensively covers global bauxite reserves and reserves by country, historic and forecast mine production together with the factors driving production and production by major countries, upcoming alumina and aluminium refinery projects, aluminium prices, major producing, exploration and development mines and projects by region, global bauxite ores and concentrates trade, major exporting and importing countries, aluminium demand drivers and profiles of major bauxite mining and aluminium producing companies.
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Global reserves of bauxite were 28.1 billion tonnes (Bnt) as of January 2015. Guinea has the largest reserves with 7.4Bnt or 26% of global reserves, followed by Australia with 6.5Bnt. Bauxite deposits at Weipa in Queensland and Gove in the Northern Territory, both in Australia, have grades between 49–53% Al2O3, and are amongst the world's highest grade deposits. In 2014, global bauxite mine production was an estimated 263 million tonnes (Mt). Australia was the leading producer , followed by China, Brazil, Guinea and India.
The report contains an overview of the global bauxite mining industry together global reserves and reserves by key countries, bauxite mine production at the global level and factors affecting production together with key producing countries. Further, it provides information about aluminium prices, major active, exploration and development projects, major exporting and importing countries, aluminium demand drivers and the competitive landscape .
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To gain an understanding of the global bauxite mining industry, global reserves and historic and forecast production and the relevant factors that affect the forecast, reserves and production by key countries, prices, major active, exploration and development projects, trade - major exporting and importing countries, demand driver and the competitive landscape.
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- Generally, 1 tonne (t) of aluminium metal is produced from 2t of alumina or 5t of bauxite ore. Over 90% of alumina produced globally is used for production of aluminium metal, termed Smelter Grade Alumina (SGA) or metallurgical, with the remainder known as Non-Metallic Grade Alumina (NMGA) or non- metallurgical, which can be used in non-metallurgical applications such as in cement and slag conditioning.
- The transportation industry is expected to be the major driver for aluminium demand over the forecast period accounting for around 30% of global consumption followed by the construction, consumer durable goods, packaged food products and the beverage industries.
- Global reserves of bauxite were 28.1 billion tonnes (Bnt) as of January 2015. In 2014, global bauxite mine production was an estimated 263 million tonnes (Mt), down by 3.7% over 2013.
- Production of bauxite will grow over 2015–2020 due to upcoming planned projects and investments in smelting and processing.
Alcoa Inc., National Aluminium Company Ltd, Aluminium Corporation of China Ltd, BHP Billiton Ltd, Rio Tinto Plc, Gujarat Mineral Development Corporation Ltd
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