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Bauxite Mining Market : Size, Share, Analysis, Industry Forecast to 2023

10-15-2018 03:10 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Bauxite Mining Market

Bauxite Mining Market

Bauxite, an aluminum ore, is the major source of aluminum, which consists of other constituent such as iron oxide, silica, and titania in varying proportions. The primary steps involved for mining bauxite includes drilling, blasting, overburden stripping & removal, mining excavation & truck loading, and transportation to the beneficiation facility.

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Bauxite is found mainly in tropical and subtropical areas such as Africa, West Indies, South America, Australia, and small deposits in Europe. Australia is the largest producer of bauxite in the world with five active bauxite mines. Most of the bauxite mined is converted to alumina to produce aluminum metal.

Stringent government regulation on carbon dioxide (CO2) emission have compelled automobile manufacturers to produce fuel-efficient lightweight vehicles. Superior properties of aluminum such as corrosion resistance, high density, high ductility, high strength, and lightweight have led to its increased adoption in automobile industries to manufacture lightweight vehicle parts. Thus, increase in usage of aluminum drives the growth of the bauxite mining market. In addition, rise in use of bauxite for manufacturing cement fuels the market growth.

The global bauxite mining market is segmented based on application and geography. On the basis of application, the market is categorized into alumina for metallurgical purposes, abrasives, refractory, and cement. The report analyzes the market trends in different geographies, which include North America, Europe, Asia-Pacific, and LAMEA.

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The major players profiled in this Bauxite Mining Market include:

• Aluminum Corporation of China Limited
• Access Industries
• Tata Steel Europe Ltd.
• Halco Mining
• Tajik Aluminium Company
• Mitsubishi Aluminum Co., Ltd.
• Queensland Alumina Limited
• Nippon Light Metal Company, Ltd.
• Australian Bauxite Limited
• Iranian Aluminium Company

Key Benefits

• The report provides an in-depth analysis of the current trends, drivers, and dynamics of the global bauxite mining market to elucidate the prevailing opportunities and potential investment pockets.
• It offers qualitative trends as well as quantitative analysis for the period of 20162023 to assist stakeholders to understand the market scenario.
• In-depth analysis of the key segments demonstrates the application of bauxite.
• Competitive intelligence of the industry highlights the business practices followed by key players across geographies as well as the prevailing market opportunities.
• The key players in the market are profiled along with their strategies and developments to understand the competitive outlook of the industry.

For More Details on this Report visit @ https://www.alliedmarketresearch.com/bauxite-mining-market

About us

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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