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Bauxite Market to Witness Growth Acceleration by 2031/ Alcoa Corp., Rio Tinto, Aluminum Corporation of China Limited (CHALCO), Rusal, ALCO India

05-22-2024 07:26 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Bauxite Market to Witness Growth Acceleration by 2031/ Alcoa

Global bauxite market is anticipated to grow at a moderate CAGR of 2.5% during the forecast period (2024-2031). The increasing construction industry globally has driven demand for bauxite for production of cement. Therefore, major cement factories are providing contracts for its mining and supply. For instance, in September 2023, Adbri has awarded ABx Group a contract to provide 90,000-120,000t of bauxite to its cement factory in Birkenhead, South Australia, starting in early 2024 and continuing for five years. A "conservative" estimates of $5.4 million has been published by Business News regarding the contract's value. Bauxite from ABx Group's DL130 mining operation will be supplied. Three resources totaling 13.7 million Tons of bauxite reserves are under the project's control.

In the same month, Ashapura Holdings (UAE) FZE signed 2 contracts for the supply of Bauxite from Guinea and Ashapura Guinea Resources SARL for the supply of iron ore from Guinea. The two contracts for supply of 24 million tons of Bauxite from Guinea were signed with a subsidiary of the Chinese aluminium major, State Power Investment Corp ("SPIC"); the first contract, a 3 million tons per annum supply contract for 3 years and the second contract, a 3 million tons per annum supply contract for 5 years. 

To Request a Sample of our Report on Bauxite Market:  https://www.omrglobal.com/request-sample/bauxite-market

Market Coverage

The market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Grade
By Application

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- includes Alcoa Corp., Rio Tinto, Aluminum Corporation of China Limited (CHALCO), Rusal,  ALCO India, Hindalco Industries Ltd., Emirates Global Aluminium PJSC, among others.

Bauxite Market Report Segment

By Grade

Metallurgical-grade
Refractory-grade
Other Grade

By Application

Alumina Production
Refractory
Cement
Other Applications

A full Report of Bauxite Market is Available @  https://www.omrglobal.com/industry-reports/bauxite-market

Bauxite Market Report Segment by Region

North America 

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

Australian Bauxite Ltd.
Compagnie des Bauxites de Guinée (CBG) 
GRAFIT MADENCILIK SAN. TIC. A.S.
Iranian Aluminium Co.
LKAB Minerals 
Norsk Hydro ASA
Possehl Erzkontor GmbH & Co. KG
Queensland Alumina Limited Ltd.
Hindalco Industries Ltd.
Emirates Global Aluminium PJSC
Alcoa Corp.
Alumina Ltd.
Aluminum Corporation of China Ltd.
NALCO India
Norsk Hydro ASA
Rusal
South32

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/bauxite-market

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Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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