Global bauxite market is anticipated to grow at a moderate CAGR of 2.5% during the forecast period (2024-2031). The increasing construction industry globally has driven demand for bauxite for production of cement. Therefore, major cement factories are providing contracts for its mining and supply. For instance, in September 2023, Adbri has awarded ABx Group a contract to provide 90,000–120,000t of bauxite to its cement factory in Birkenhead, South Australia, starting in early 2024 and continuing for five years. A "conservative" estimates of $5.4 million has been published by Business News regarding the contract's value. Bauxite from ABx Group's DL130 mining operation will be supplied. Three resources totaling 13.7 million Tons of bauxite reserves are under the project's control.
In the same month, Ashapura Holdings (UAE) FZE signed 2 contracts for the supply of Bauxite from Guinea and Ashapura Guinea Resources SARL for the supply of iron ore from Guinea. The two contracts for supply of 24 million tons of Bauxite from Guinea were signed with a subsidiary of the Chinese aluminium major, State Power Investment Corp ("SPIC"); the first contract, a 3 million tons per annum supply contract for 3 years and the second contract, a 3 million tons per annum supply contract for 5 years.
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Market Coverage
The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-
By Grade
By Application
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- includes Alcoa Corp., Rio Tinto, Aluminum Corporation of China Limited (CHALCO), Rusal, ALCO India, Hindalco Industries Ltd., Emirates Global Aluminium PJSC, among others.
Bauxite Market Report Segment
By Grade
Metallurgical-grade
Refractory-grade
Other Grade
By Application
Alumina Production
Refractory
Cement
Other Applications
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Bauxite Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Australian Bauxite Ltd.
Compagnie des Bauxites de Guinée (CBG)
GRAFIT MADENCILIK SAN. TIC. A.S.
Iranian Aluminium Co.
LKAB Minerals
Norsk Hydro ASA
Possehl Erzkontor GmbH & Co. KG
Queensland Alumina Limited Ltd.
Hindalco Industries Ltd.
Emirates Global Aluminium PJSC
Alcoa Corp.
Alumina Ltd.
Aluminum Corporation of China Ltd.
NALCO India
Norsk Hydro ASA
Rusal
South32
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