China's Bauxite Imports Rose 12.3% YoY in 2024, Led by Guinea and Australia

Published: Jan 20, 2025 13:59

Save

In January-December 2024, China imported a total of 158.767 million mt of bauxite, up 12.3% YoY. By country, imports from Guinea reached 110.207 million mt, accounting for 69.41% of the total imports, up 11.2% YoY; imports from Australia totaled 39.884 million mt, accounting for 25.12% of the total imports, up 15.4% YoY; non-mainstream bauxite imports amounted to 8.676 million mt, accounting for 5.46% of the total imports, representing a 47.9% increase compared to the 2023 non-mainstream bauxite imports (excluding Indonesian imports).

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

18 hours ago

China's May Vehicle Sales Down 2.1% YoY, NEV Market Surges 14.4% with Strong Export Growth

According to data released by the CAAM, China's total vehicle sales reached 2.629 million units in May, down 2.1% YoY. However, the NEV market performed strongly, with sales reaching 1.496 million units, up 14.4% YoY, and its share of total new vehicle sales rose to 56.9%. In addition, NEV exports achieved notable results, with May exports reaching 446,000 units, more than doubled YoY.

18 hours ago

US PPI Jumps to 6.5% in May, Driven by Energy Prices; Core PPI Rises Less Than Expected

Driven by a surge in energy prices, US PPI climbed to 6.5% YoY in May, the highest since November 2022 and exceeding market expectations of 6.4%. However, excluding food and energy, core PPI rose 4.9% YoY, below expectations of 5.4%.

18 hours ago

World Bank Predicts Slower Global Growth in 2026 Due to Iran War and Energy Disruptions

The World Bank notes in its latest Global Economic Prospects report that global economic growth is expected to slow down, weighed down by the impact of the Iran war, specifically with the 2026 growth rate projected to decline from 2.9% last year to 2.5%. The report also warns that if energy supply disruptions intensify, accompanied by significant financial stress, global economic growth in 2026 could slide further to 1.3%.

18 hours ago