Aluminum Ore Mining in China - Industry Market Research Report

Aluminum Ore Mining in China - Industry Market Research Report

Aluminum Ore Mining in China

China's Aluminum Ore Mining industry's revenue is expected to increase an annualized 0.4% to $7.0 billion over the five years through to 2023, including 1.7% in 2023 alone when profit margins will increase to 8.4%. Slowdowns across downstream industries in China have limited industry revenue growth over the past five years. However, China remains the largest producer and consumer of aluminum globally, supporting local demand for aluminum ore. China's economy grew steadily in 2021, benefiting from its COVID-19 pandemic prevention and control, supporting Aluminium Ore Mining industry demand.

The Aluminum Ore Mining industry in China consists of enterprises that mine bauxite, the principal ore of aluminum, and process raw materials like washing and ore dressing. More than 90% of bauxite is further processed into alumina, with the remainder used as refractory materials, abrasive materials and raw materials for high-alumina cement. The four main types of bauxite are karst accumulation bauxite, lateritic bauxite, sedimentary bauxite and aluminum concentrate.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.