Industry Analysis & Industry Trends
Australia is a substantial alumina producer, accounting for about one-quarter of total world production each year. Alumina production is expected to total 20.9 million tonnes in 2013-14, compared with 19.6 million tonnes in 2008-09. Alumina output is expected to decline in 2013-14 as Rio Tinto's Gove refinery reduces output and domestic demand from aluminium smelters falls. Alumina output surged in 2012-13 as the full-year effect of large expansions at the Worsley, WA and Yarwun, QLD refineries drove volume growth.
Although some alumina is smelted into aluminium locally, the great bulk of output is exported. These exports, amounting to an expected 15.4 million tonnes in 2013-14, are expected to generate revenue of $5.2 billion for the year... purchase to read more
Industry Report - Starting a New Business Chapter
There are substantial entry barriers to the Alumina Refining industry. The existing participants are all large mining and manufacturing companies with interests in bauxite mining and aluminium smelting. The high degree of vertical integration in the industry often makes it necessary for prospective participants to enter not only the Alumina Production industry, but also related industries such as the Bauxite Mining industry.
In addition, the costs of entry to the industry are high. The establishment of a refinery typically requires a multi-billion dollar investment, with upgrades costing similar amounts. Skilled staff are required to carry out alumina processing, which can add to entry barriers for new firms as wages are high across the industry... purchase to read more