Industry Analysis & Industry Trends
Australia is the world's largest producer of bauxite, accounting for about one-third of global output. Bauxite production in Australia is estimated to reach 82.0 million tonnes in 2014-15, up from 67.8 million tonnes in 2009-10. Over this period, expansion projects at bauxite mines have increased mine output. Most bauxite mined in Australia is locally processed into alumina, with over one-third of industry revenue projected to be derived from exports in 2014-15. Bauxite imports are negligible.
There are just four companies in the industry, operating a total of six mines. Of these, three are major companies and one is small. These three firms – Rio Tinto, Alcoa and BHP Billiton – also use a high proportion of bauxite for their own alumina-refining operations... purchase to read more
Industry Report - Starting a New Business Chapter
Entry barriers to the industry are high. Similar to most industries across the mining sector, the Bauxite Mining industry is highly capital-intensive and new mines require a large initial investment. Moreover, bauxite production is often part of a vertically integrated operation, which also covers the manufacture of alumina and aluminium. The large amounts of capital required to own and operate bauxite mines, together with the high level of vertical integration in the industry, provide effective barriers to entry to all but the largest companies.
Establishing a bauxite mining operation requires negotiation across a number of levels of government and with local communities, including indigenous communities... purchase to read more