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Global Bauxite Market Trends

Demand for bauxite is primarily driven by aluminium production, which is poised to grow due to increasing consumption by the transportation, construction and packaging industries.

Mining Technology monitors the global bauxite market by tracking bauxite ore prices and worldwide bauxite production, consumption and export and import trends. The performance of bauxite mining companies and major bauxite mines around the globe is also tracked to study the bauxite production trends.

Global bauxite output grew by 1.2% to 359.2 million tonnes (Mt) despite the COVID-19 pandemic in 2020. Bauxite production is expected to further increase to reach 406.7Mt by 2025, according to GlobalData’s estimates.

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GlobalData forecasts data for 15 commodities of 60 leading mining countries, with 70 reports per year covering supply & demand, key projects, activities of major mining companies and fiscal regimes.

Top Bauxite Mining Companies

Mining Technology has identified the largest bauxite mining companies in the world by comparing the annual production volumes of companies engaged in bauxite mining in different parts of the globe.

Rio Tinto was the world’s biggest bauxite mining company in 2020, followed by Alcoa Corp and Aluminum Corporation of China.

The five biggest bauxite miners in the world together accounted for 41% of the global total bauxite output in 2020.

Current Rank Rank 2019 Company Name Headquarters
1 1 Rio Tinto United Kingdom
2 2 Alcoa Corp United States
3 4 Aluminum Corporation of China Ltd China
4 3 United Company RUSAL Plc Russia
5 5 Norsk Hydro ASA Norway
6 6 Odisha Mining Corp Ltd India
7 7 PT Aneka Tambang Persero Tbk Indonesia
8 8 Gujarat Mineral Development Corporation Ltd India

Source: GlobalData

Expert Comments and Analysis

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Leading Bauxite Producing Countries

Mining Technology’s list of the world’s leading bauxite producing countries is based on a comprehensive database that is regularly updated with the bauxite output of the producing countries.

Australia, Guinea and China were the biggest producers of bauxite in 2020.

The world’s top ten bauxite mining countries together accounted for 99% of the global bauxite output in 2020.


Biggest Bauxite Mines in the World

Mining Technology monitors the reserves and production data of major bauxite mining projects to identify the biggest bauxite mines in the world.

With an output of 35.00Mtpa, Weipa Mine in Australia was the world’s biggest bauxite mine by output in 2020.

The ten biggest bauxite mining operations in the world together contributed 41% of the global bauxite production in 2020.

Mine Name Country State Owner Mine Type & Method Production 2020 (MTPA)
Weipa Mine Australia Queensland Rio Tinto(100%) Surface & Open Cut 35.01
Huntly Mine Australia Western Australia Alcoa Corp(100%) Surface & Open Cut 25.4
Sangaredi Mine Republic of Guinea Boke Government Of Guinea(49%), Alcoa Corp(22.95%), Rio Tinto(22.95%), Dadco Alumina & Chemicals Ltd(5.1%) Surface & Open Cut 16.51
Boddington Bauxite Mine Australia Western Australia South32 Ltd(86%), Japan Alumina Associates (Australia) Pty Ltd(10%), Sojitz Alumina Pty Ltd(4%) Surface & Open Cut 14.12
Gove Mine Australia Northern Territory Rio Tinto(100%) Surface & Open Pit 12.3
MRN Mine Brazil Para Vale SA(40%), Alcoa Corp(18.2%), South32 Ltd(14.8%), Rio Tinto(11.999%), Votorantim SA(10%), Norsk Hydro ASA(5%) Surface & Open Pit 11.63
Willowdale Mine Australia Western Australia Alcoa Corp(100%) Surface & Open Cut 9.4
GAC Mine Republic of Guinea Boke Emirates Global Aluminium PJSC(100%) Surface & Open Pit 8.4
Boffa Bauxite Mine Republic of Guinea Boke Aluminum Corporation of China Ltd(85%), Undisclosed(15%) Surface & Open Pit 8.06
Paragominas Mine Brazil Para Norsk Hydro ASA(100%) Surface & Open Pit 7.71

Source: GlobalData

Major Upcoming Bauxite Mines

Mining Technology lists the major upcoming bauxite mines in the world by comparing annual production capacities of upcoming bauxite mining projects.

Aurukun Project in Australia is the biggest upcoming bauxite mine in the world, with an annual production capacity of 8Mtpa.

Mbalam-Nabeba Iron Ore Project in Cameroon and Bakhuis Bauxite Mine in Suriname are the next major upcoming bauxite mines with a capacity of 7.68Mtpa and 6.9Mtpa, respectively.

Mine Name Country State Owner Mine Type & Method Annual Production Capacity (MTPA)
Aurukun Project Australia Queensland Glencore Plc(100%) Surface & Open Cut 8
Mbalam-Nabeba Iron Ore Project Cameroon East Province Sundance Resources Ltd(100%) Surface & Open Pit 7.68
Bakhuis Bauxite Mine Suriname Sipaliwini Alcoa Corp(55%), BHP(45%) Surface & Open Pit 6.9
Kindia Project Republic of Guinea Kindia Anglo-African Minerals Plc(100%) Surface & Open Cut 5
Helalin Bauxite Mine Republic of Guinea Conakry 3PL Trade S.A.(51%), ITOK Group (49%) Surface & Open Pit 5
Minim Martap Project Cameroon East Province Canyon Resources Ltd(100%) Surface & Open Cut 4.9
Bon Ami Project Republic of Guinea Boke Dynamic Mining(100%) Surface & Open Pit 4.5
Fortuna Project Australia Western Australia Yankuang Group(100%) Surface & Open Cut 3
Gia Nghia Mine Vietnam Da Nang Vietnam National Coal - Mineral Industries Holding Corporation Ltd(100%) Surface & Open Pit 1.5
Jerrela Block -II Mine India Andhra Pradesh Undisclosed(100%) Surface & Open Cast 1

Source: GlobalData

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