Aluminium Industry Feature–The Bauxite Imperative

Aluminium Industry Feature–The Bauxite Imperative

With around 20% of 2016 Chinese production in near-stage new smelters, and an overhang of idled late-stage technology, aluminium smelting dominance is decisively in China. With any increase in the aluminium price, this capacity will raise China’s needs for secure bauxite supply. The long-term balance in the raw material supply chain will be between smaller, often underground Chinese hard-rock bauxite mines and large-scale, free-dig mega-deposits from overseas taking advantage of low sea freight costs to fuel demand......