SHANGHAI, May 26 (SMM) – Guinea beat Malaysia as the second largest bauxite supplier to China, marking a significant change in supplier structure.
Imports of the aluminum smelting raw material look set to grow in the future, SMM predicts. Shandong Xinfa Group plans to import 2-3 million tonnes of bauxite from Guinea this year.
Customs data showed China imported 900,000 tonnes of bauxite from Guinea in April, down just 4% from March. Imports from Malaysia tumbled 68.8% year-on-year and 51.6% month-on-month as the country has extended ban on bauxite mining by another three months.
China’s bauxite imports totaled 4.41 million tonnes in April, down 5.93% from a year ago and 13.8% from March.
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