Research Report on Southeast Asia Bauxite Industry 2023-2032
Aluminum is the third most abundant metal element in the earth's crust after oxygen and silicon. Aluminum and its alloys have a wide range of applications in several fields due to their excellent performance, lower price and higher recyclability.
Southeast Asia in this report includes 10 countries: Singapore, Thailand, Philippines, Malaysia, Indonesia, Vietnam, Myanmar, Brunei, Laos and Cambodia. With a total population of over 600 million by the end of 2021, Southeast Asia has an overall economic growth rate higher than the global average and is one of the key drivers of future global economic growth.
Due to the degree of economic development, technology level and other reasons, the mineral resources in Southeast Asia are less explored. However, as far as the proven resources are concerned, Southeast Asia is rich in mineral resources, and the main minerals include: copper, gold, nickel, aluminum, tin, titanium, antimony, silver, potash, gypsum, barite and phosphorus, as well as iron, zinc, lead, chromium, manganese, cobalt, kaolin, etc.
Bauxite is an aluminum-rich ore used in aluminum production (metallurgical bauxite) and in the production of refractory materials, chemicals or cement (non-metallurgical bauxite). According to CRI's analysis, global bauxite ores are mainly distributed in Africa, Oceania, South America and Southeast Asia. Countries such as Vietnam and Indonesia in Southeast Asia have abundant bauxite ores.
CRI expects that in 2023-2032, more and more foreign companies will set up bauxite and other mineral mining enterprises in Southeast Asia, and Southeast Asia's mineral exports are expected to continue to rise.
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