Bauxite Mining Market by Reserves and Production, Assets and Projects, Demand Drivers, Key Players and Forecast to 2026

Powered by

All the vital news, analysis, and commentary curated by our industry experts.

Empower your strategies with our Global Bauxite Mining to 2026 report and make more profitable business decisions.

Bauxite Mining Market Overview

The bauxite production was estimated at 378.8 million tonnes (Mt) in 2022 and is expected to grow at a CAGR of more than 1% from 2023 to 2026. Guinea, and Australia will be the key contributors. Growth will be supported by the start of new projects over the period, with 25 bauxite projects under development globally.  Bauxite is primarily used for aluminum production, which is largely used in the transportation, construction, packaging, electrical, machinery equipment and consumer goods industries.

The bauxite mining market research report contains an overview of the global bauxite mining industry including key demand-driving factors affecting the industry. It provides detailed information on reserves, reserves by country, production, production by country, production by the company, major operating mines, competitive landscape, and major exploration and development projects.

Bauxite Mining Market Outlook, 2022-2026 (Mt)

Bauxite Mining Market Outlook, 2022-2026 (Mt)

To gain more information about the bauxite mining market forecast, download a free report sample

Bauxite Mining Market Drivers

The bauxite industry witnessed considerable growth in 2022 mainly due to increased production from China, Guinea, and Australia. Australia was the world’s leading bauxite producer, accounting to more than 27% of the total output in 2022. The increase in output is primarily due to operational improvement at mines such as Huntly and Willowdale and increased production from Weipa mining division due to plant reliability at Amrun mine, coupled with the operational stability at Boddington after the effect of bad weather conditions in the second quarter.

In addition, bauxite production from Guinea increased by more than 4% in 2022, primarily due to the increase in production at the Boffa Bauxite mine and Garafiri project coupled with increased output from Sangaredi mine. The bauxite production is further expected to accelerate due to the commencement of key projects including the Nhan Co Bauxite project in Da Nang, Vietnam. This project has a production capacity of 590kt bauxite per annum and is scheduled to start production in 2025.

For more insights on the bauxite mining market drivers, download a free sample report

Bauxite Mining Market Segmentation by Countries

The leading countries in the bauxite mining market in terms of production are Australia, Guinea, China, Brazil, Indonesia, and others. Australia was the leading producer of Bauxite in 2022. The country is expected to account for the highest production even during the projected period.

Bauxite Mining Market Analysis by Countries, 2022 (%)

Bauxite Mining Market Analysis by Countries, 2022 (%)

For more country insights into the bauxite mining market, download a free report sample

Bauxite Mining Market – Key Assets

Active Mines – Some of the key active bauxite mines are Panchpatmali Mine, Pingguo Mine, Kodingamali Mine, Stitovo II Mine, Zagrad Mine, and Timan Mine among others.

Development Projects – Some of the key bauxite development projects are Nhan Co Bauxite Project, Mempawah SGA Project, Bon Ami Project, Kindia Project, and Kanye Project among others.

Exploration Projects – Some of the key bauxite exploration projects are Bolaven Plateau Bauxite Project, Menjalin Project, Gaoual Bauxite Project, Gaoual Bauxite Project, and Mandoum Project among others.

For more asset insights into the Bauxite mining market, download a free report sample

Bauxite Mining Market – Competitive Landscape

Some of the leading bauxite producing companies are Rio Tinto, Alcoa Corp, and Norsk Hydro ASA among others. In 2022, Rio Tinto dominated the bauxite mining market share, followed by Alcoa and Norsk Hydro respectively in terms of production.

Rio Tinto: Rio Tinto remained the largest bauxite producer in the world, with 54.6Mt of bauxite production in 2022. This growth can be mainly attributed to the strong operational performance from Weipa mine, due to improved plant reliability at the Amrun mine. The company’s operations includes mining, exploration, and processing of various mineral resources.  The company’s operating bauxite mines include the Sangaredi in Guinea, Weipa and Gove mines in Australia and the MRN mine in Brazil. Rio Tinto together with Vale SA, Alcoa Corp, South 32, Votorantim SA and Norsk Hydro ASA, owns the Monte Branco project in Brazil, expected to commence operations in 2026.

Alcoa Corp:  US-based Alcoa Corp. (Alcoa), is the second-largest bauxite producer in the world, with 42.1Mt of bauxite produced in 2022. The company also produces alumina and aluminum. The company operates with one of the biggest bauxite mining portfolios, alumina refining networks and energy portfolios in the world.

Norsk Hydro ASA: Norsk Hydro ASA (Hydro) is a global supplier of aluminum, headquartered in Oslo, Norway. Its operations span bauxite extraction to the production of rolled and extruded aluminum products and building systems. The company’s bauxite operating mines consist of the Paragominas and MRN mines, both located in Para, Brazil.

Bauxite Mining Market Analysis by Companies, 2022

Bauxite Mining Market Analysis by Companies, 2022

For more insight on the key companies in bauxite mining market, download a free sample report

Bauxite Mining Market Overview

Market Size in terms of Volume (2022) 378.8 million tonnes (Mt)
CAGR (2023-2026) >1%
Forecast Period 2023-2026
Historic Period 2006-2022
Key Countries Australia, Guinea, China, Brazil, Indonesia, and others.
Active Mines Panchpatmali Mine, Pingguo Mine, Kodingamali Mine, Stitovo II Mine, Zagrad Mine, and Timan Mine among others.
Exploration Projects Nhan Co Bauxite Project, Mempawah SGA Project, Bon Ami Project, Kindia Project, and Kanye Project
Development Projects Bolaven Plateau Bauxite Project, Menjalin Project, Gaoual Bauxite Project, Gaoual Bauxite Project, and Mandoum Project
Leading Producers Rio Tinto, Alcoa Corp, and Norsk Hydro ASA

Key Segments Covered in this Report

Bauxite Mining Market Country Outlook (Volume, Million Tonnes, 2006-2026)

  • Australia
  • Guinea
  • China
  • Brazil
  • Indonesia
  • Others

Scope

  • Reserves and Production Data: Access detailed information on reserves, reserves by country, production figures, production by country, and production by company.
  • Key Players: Learn about the major players in the industry like Rio Tinto, Alcoa Corp., and Norsk Hydro ASA.
  • Country Insights: Discover leading bauxite-producing countries such as Australia, Guinea, China, Brazil, and Indonesia.
  • Project landscape: Gain insights into bauxite explorational and developmental projects, as well as active mines.

Reasons to Buy

  • Understand market trends: Gain a comprehensive understanding of bauxite mining by exploring country-wise market dynamics, identifying key assets, and assessing the competitive landscape.
  • Strategic market analysis: Navigate the industry with ease by exploring historical and forecast trends to anticipate market shifts and make forward-looking decisions.
  • Forge valuable partnerships: Identify key players in the bauxite mining market and access exclusive information on key stakeholders such as bauxite producers, government entities, suppliers, and more.
  • Uncover major projects: Dive into a detailed overview of major active, explorational, and developmental mining projects across various regions.

Rio Tinto
Alcoa
Norsk Hydro

Table of Contents

  • 1. Executive Summary
  • 2. Reserves, Production and Prices
  • 2.1 Global Bauxite Reserves by Country

    • 2.1.1 Guinea
    • 2.1.2 Vietnam
    • 2.1.3 Australia

  • 2.2 Bauxite Production

    • 2.2.1 Australia
    • 2.2.2 Guinea

  • 2.3 Production by Company
  • 2.4 Aluminum Prices
  • 3. Bauxite Assets
  • 3.1 Active Mines

    • 3.3.1 APAC
    • 3.3.2 Europe
    • 3.3.3 Former Soviet Union
    • 3.3.4 Middle East and Africa
    • 3.3.4 Oceania
    • 3.3.5 South and Central America

  • 3.2 Development Projects

    • 3.2.1 APAC
    • 3.2.2 Middle East and Africa
    • 3.2.3 North America
    • 3.2.4 Oceania
    • 3.3.5 South and Central America

  • 3.3 Exploration Projects

    • 3.3.1 APAC
    • 3.3.2 Middle East and Africa
    • 3.3.3 Oceania

  • 4. Demand and Trade
  • 4.1 Bauxite Consumption

    • 4.1.1 Demand from the Auto Industry
    • 4.1.2 Demand from China’s Construction Industry

  • 4.2 Global Bauxite Trade
  • 5. Major Bauxite Producers
  • 5.1 Rio Tinto
  • 5.2 Alcoa Corp
  • 5.3 Norsk Hydro ASA
  • 6. Appendix
  • 6.1 Abbreviations
  • 6.2 Methodology
  • 6.3 Coverage
  • 6.4 Secondary Research
  • 6.5 Development Likelihood

Table

Table 1: Bauxite reserves by country (million tonnes), January 2023

Table 2: Top active mines in Guinea by total ore reserves (million tonnes)

Table 3: Top active mines in Vietnam by total ore reserves (million tonnes)

Table 4: Top active mines in Australia by total ore reserves (million tonnes)

Table 5: Historical and forecast bauxite production by country (million tonnes), 2006–26

Table 6: Bauxite production in Australia (million tonnes), 2006–26

Table 7: Bauxite production in Guinea (million tonnes), 2006–26

Table 8: Bauxite production by company (million tonnes), 2021-23

Table 9: Aluminum prices quarterly ($/t), 2015–22

Table 10: Active mines in APAC, 2023

Table 11: Active mines in Europe, 2023

Table 12: Active mines in Former Soviet Union, 2023

Table 13: Active mines in Middle East and Africa, 2023

Table 14: Active mines in Oceania, 2023

Table 15: Active mines in South and Central America, 2023

Table 16: Development projects in APAC, 2023

Table 17: Development projects in Middle East and Africa, 2023

Table 18: Development projects in North America, 2023

Table 19: Development projects in Oceania, 2023

Table 20: Development projects in South and Central America, 2023

Table 21: Exploration projects in APAC, 2023

Table 22: Exploration projects in Middle East and Africa, 2023

Table 23: Exploration projects in Oceania, 2023

Table 24: Historical and forecast bauxite consumption by country (million tonnes), 2006–26

Table 25: New passenger car registrations by country, (thousand units), 2022 vs 2021

Table 26: Automotive production by country (thousand units), 2017–21

Table 27: Construction output value by country ($ billion), 2010–26

Table 28: Top bauxite exporters (million tonnes), 2017–26

Table 29: Rio Tinto, major operating mines, 2023

Table 30: Alcoa Corp., major operating mines, 2023

Table 31: Norsk Hydro, major operating mines, 2023

Figures

Figure 1: Bauxite reserves by country (million tonnes), 2018–23

Figure 2: Share of bauxite reserves by country (%), January 2023

Figure 3: Historic and forecast bauxite production by country (million tonnes), 2006–26

Figure 4: Bauxite production in Australia (million tonnes), 2006–26

Figure 5: Bauxite production in Guinea (million tonnes), 2006–26

Figure 6: Bauxite production by major company (million tonnes), 2021–22

Figure 7: Aluminum monthly average prices ($/t), 2015–22

Figure 8: Bauxite consumption by end use, 2022

Figure 9: Aluminum end use industries, 2022

Figure 10: Historical and forecast bauxite consumption by country (million tonnes), 2006–26

Figure 11: Automotive production by country (thousand units), 2017–21

Figure 12: Construction output in value by country ($ billion), 2006–26

Figure 13: Bauxite exports by top three countries (million tonnes), 2017–26

Frequently asked questions

Bauxite Mining Market by Reserves and Production, Assets and Projects, Demand Drivers, Key Players and Forecast to 2026 thematic reports
Currency USD
$2,495

Can be used by individual purchaser only

$7,485

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company


Undecided about purchasing this report?

Enquire Before Buying Request a Free Sample

Get in touch to find out about multi-purchase discounts

reportstore@globaldata.com
Tel +44 20 7947 2745

Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.

Sample Report

Bauxite Mining Market by Reserves and Production, Assets and Projects, Demand Drivers, Key Players and Forecast to 2026 was curated by the best experts in the industry and we are confident about its unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:

  • Assess the relevance of the report
  • Evaluate the quality of the report
  • Justify the cost

Download your copy of the sample report and make an informed decision about whether the full report will provide you with the insights and information you need.

Below is a sample report to understand what you are buying

See what our customers are saying

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

Senior Account Manager, TSYS
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at Bauxite Mining Market by Reserves and Production, Assets and Projects, Demand Drivers, Key Players and Forecast to 2026 in real time.

  • Access a live Bauxite Mining Market by Reserves and Production, Assets and Projects, Demand Drivers, Key Players and Forecast to 2026 dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.