Bauxite mining needs to be increased in China: Industry experts

AL Circle

On April 20, 2023, a Chinese industry expert advised that China, the largest aluminium producer globally, needs to enhance local bauxite mining to reduce its growing dependency on imported resources.

China's bauxite import source countries

{alcircleadd}

Meng Jie, a Deputy Secretary General of the aluminium branch at the China Nonferrous Metals Industry Association (CNIA), said, "China's bauxite imports are highly concentrated in Guinea, Australia and Indonesia. We are seeing lower grades of domestic resources and the gradual decline of self-sufficiency."

"Reliance on overseas resources has been on an uptrend, and we expect it to go up further."

Meng's presentation reflected that China's reliance on bauxite imports grew to 55 per cent in 2022 from 2.8 per cent in 2002.

Governments worldwide are concentrating on obtaining critical minerals, particularly those like aluminium, that are required to shift to a lower carbon economy. In addition to acquiring raw materials, they are attempting to command the economic rewards of processing them, a sector in which China has dominated.

Global Aluminium Industry Outlook 2023

According to figures from China's customs, bauxite imports to China increased by 16.8 per cent over the previous year to 125 million tonnes. However, just over half originated from Guinea, 27 per cent from Australia, and 15 per cent from Indonesia.

Meng added, "We must explore with a long-term plan to take advantage of the resources.  China should also set up strategic bauxite reserves and coordinate overseas development."

Edited By:


This news is also available on our App 'AlCircle News' Android | iOS


Alternate Text
EPIQ Machinery

A world class equipment designer specialized in developing innovative & effective solutions for heavy equipment, vehicles, and material handling systems

Alternate Text
RIA Cast House Engineering

Leading supplier of rail mounted precision Furnace Charging Machines and Furnace Skimming Machines

Alternate Text
Altek

Leading manufacturer of value-added equipment for the aluminum casthouse

Alternate Text
Jagannath Company

Manufacturers & Supplier of Magnesium Metal and Aluminium Foundry Chemicals.

Alternate Text
XIAN HUAN-TAI TECHNOLOGY

Your reliable partner in aluminum casthouse equipment and products

Alternate Text
Fioscope

Fioscope provide air-cooled camera technology for high temperature applications

Related
Business Leads
We are looking for bauxite. Specification : AL2O3 content ≥...
06 Nov 2024 Buying request

We have a high deposit amount of Bauxite in north Kivu provi...
22 Aug 2024 Selling offer

We are interested in buying bauxite every two months. Desti...
22 Aug 2024 Buying request

Read this news article and much
more on the AL News app
Get real-time news and business
lead alerts on your phone
SUBSCRIBE NOW
Market

Market

Project

Project

Technology

Technology

Leads

Leads