Resumen de SSR: Refractory grade bauxite banking on China
China dominates global production of refractory bauxite, accounting for 77% of the market share in 2011. Other major producers are Russia, accounting for 9% of refractory bauxite production in 2011, Guyana with 6% and India with 7%. Brazil accounts for about 1% of market supply.
"There are some other regions of the world that might have potential for refractory grade bauxite. Brazil for instance - they've produced in the past and it's my understanding that they are not producing anymore, but they may have some reserves of refractory grade bauxite that have not been developed yet," [Lee Bray] told IM.
"Bauxite is a good example of where too much of the global supply is controlled from too few places. I'm sure that many users would welcome a new source of good quality refractory grade bauxite," [Chris Wragg] told IM.
