Leading countries based on mine production of bauxite worldwide in 2023
Graph based on 1,000 Metric Tonne Units
Global dependence on Guinea’s supply
Guinea is set to contribute 28.4% of total global bauxite supply in 2024, with 119.5mt. The main bauxite mines in Guinea, including the SMB-Winning Boke, Sangaredi, Boffa, GAC and Garafiri projects, collectively yielded 79mt of bauxite in 2023, according to GlobalData’s research. Following a significant increase in 2023, the country is expected to see a …
Bauxite’s role in the energy transition
With demand for bauxite set to grow, global reliance on imports from Guinea could cause supply chain risks due to fluctuations in the country’s output. Smruthi Nadig from MINE reports. According to GlobalData’s Global Bauxite Mining to 2030 report, the need for bauxite is mainly influenced by the production of aluminium, which is expected to rise because of growing usage …
Growing demand for bauxite highlights risks of dependence on Guinea’s supplies
With demand for bauxite set to grow, global reliance on imports from Guinea could cause supply chain risks due to fluctuations in the country’s output. Smruthi Nadig from MINE reports. Global bauxite production is expanding for several reasons including the growing demand for aluminium products. Aluminium, a highly versatile and low-density material, is used in sectors such as …
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