Over the past five years, revenue for the Aluminum Ore Mining industry in China has been increasing at an annualized rate of 12.5% to $4.6 billion. Fluctuations in the global aluminum market are reflected in this industry. With the recovery from recession in the global economy in 2010 and 2011, aluminum and bauxite prices increased again. Then in recent years, the slowdown of downstream industries in China has limited revenue growth. In 2015, revenue is set to grow 6.6%.
China is relatively poor in bauxite ore reserves and resources. The country's total bauxite ore exploration accounts for less than 10.0% of the global total.
The Aluminum Ore Mining industry in China consists of enterprises that mine bauxite, the principal ore of aluminum, and process raw materials such as washing and ore dressing. More than 90.0% of bauxite is further processed into alumina, with the remainder used as refractory materials, abrasive materials and raw materials for high-alumina cement. There are four main bauxite types: karst accumulation bauxite, lateritic bauxite, sedimentary bauxite and aluminum concentrate.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.