Gas is greener on the other side: Emissions regulations cast uncertainty on alumina production's future
Australia is the world's largest producer of bauxite and exporter of alumina. Alumina is made by applying the Bayer process to bauxite. Alumina can then be further refined into aluminium. Despite the importance of Australia to the global aluminium supply chain, the industry has struggled over the past few years as prices have fluctuated significantly and rising cost pressures weighed on performance. Revenue for the Alumina Production industry is expected to decline at an annualised 8.5% through the end of 2023-24, to $6.7 billion. This includes an anticipated fall of 2.4% in 2023-24 due to falling demand from the downstream Aluminium Smelting industry in Australia.
Industry firms refine bauxite into alumina (or aluminium oxide), a process that is also referred to as bauxite refining. Alumina is used to produce aluminium.
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.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alcoa of Australia Limited
- Rio Tinto Plc - Rio Tinto Limited
- South32 Limited
Methodology
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