Industry Analysis & Industry Trends
Australia is the world's largest producer of bauxite, accounting for about 30% of global output. Bauxite production in Australia is expected to be about 75.2 million tonnes in 2012-13, compared with 63.5 million tonnes in 2007-08. Most bauxite mined in Australia is locally processed into alumina, but about 9.5 million tonnes, valued at about $269.5 million, is expected to be exported in 2012-13. Imports of bauxite are negligible.
The Bauxite Mining industry is expected to generate revenue of $2.13 billion in 2012-13, compared with $1.96 billion in 2007-08, yielding growth of 1.7% per year. However, revenue is expected to grow by just 0.7% in 2012-13, as weaker prices largely offset higher levels of output... purchase to read more
Industry Report - Industry Analysis Chapter
The demand for bauxite stems from the global level of aluminium production. The demand for aluminium depends on the demand for the diverse range of products (ranging from aircraft to packaging materials) manufactured from this versatile metal.
Although bauxite is widely traded, there is no single internationally traded price for the aluminium-bearing mineral. In Australia, bauxite is most often mined and then refined into alumina by the same enterprise, resulting in no clearly defined arms-length price. When bauxite is sold under contract, the terms, including the price, are typically confidential... purchase to read more