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Bauxite is a sedimentary rock with a high aluminium content. It is the primary ore of aluminium and is mined in many countries around the world. Bauxite is used in a variety of industries, including the production of aluminium, cement, abrasives, and refractory materials. The global bauxite market is driven by the increasing demand for aluminium and its derivatives. The rising demand for aluminium in the automotive, aerospace, and construction industries is expected to drive the market growth. Additionally, the growing demand for bauxite in the production of refractory materials is expected to further boost the market.
The bauxite market is highly competitive, with a number of large and small players operating in the market. Some of the major companies in the market include Alcoa Corporation, Rio Tinto, Norsk Hydro, Alumina Limited, and BHP Billiton. Show Less Read more