Following a decline in global bauxite production in 2018, consultancy company Fitch Solutions says global bauxite production this year is being driven by new projects coming on line in Guinea and Australia, as well as a ramp-up in production in India and Indonesia.
Australia holds 12 of the 29 new bauxite projects in Fitch’s mines database, which is more than any other country. Fitch forecasts Australian bauxite production to grow by 15% this year, compared with 4% in 2018.