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Difference In Bauxite Ore Australia China

Chinas domestic bauxite production is expected to stay sluggish over the coming years, due to weak prices and a decline in the quality of its reserves. According to BMI Research data, the country is projected to account for 55.7 of global aluminum supply in 2016, but only 23.3 of bauxite production, fuelling an increase in imports and a rush of investments in overseas mining projects. In the past decade China8217s bauxite imports have jumped from 2.2 million to 50 million tonnes annually, leading experts to predict a decade long boom for the commodity.

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