It is estimated that global bauxite resources are 55 to 75 billion tons, and at the current mining rate, these reserves will last 250 to 340 years.
From the perspective of global bauxite reserves distribution, Guinea and Australia account for the majority of global bauxite reserves, with their combined share reaching 44%. Guinea, Australia, Vietnam, Brazil and Jamaica accounted for a combined 72%. The static guarantee life of global bauxite is about 100 years. Generally speaking, the global bauxite supply is sufficient, so the supply side of aluminum will not be restricted by the raw material side in the next few decades, but will be controlled by the low-carbon energy side. Environmental friendly.
