Guinea, Australia And Indonesia Set To Lead Bauxite Mining For The Next Decade

Global bauxite production is set to reverse its decline following new projects coming on line in Guinea and Australia allied with a ramp in production across Indonesia and India.

Consultancy group Fitch Solutions notes that Australia is set to drive growth, currently holding 12 of the 29 new bauxite projects in the Fitch Solutions Mines Database, more than any other country. 

“While bauxite accounts for less than 5% of Australian mining value, the country is the global top producer, accounting for an estimated 28.8% of total global output as of 2018. Australia will remain a top bauxite exporter toChina,although the country may lose some market share over the coming quarters to returning Indonesian supply,” reported Fitch