In 2016, China's Imports Of Bauxite From Brazil And Ghana Rose By 171.79% And 44.69% Year-on-year, Respectively
In 2016, China's imports of bauxite from Brazil and Ghana rose by 171.79% and 44.69% year-on-year, respectively, which were approximately 4.4 million tons and 1.1 million tons respectively. In 2017, Bosai Mining, which holds the resources of Buna bauxite in Ghana, also plans to increase its bauxite production from around 1.4 million tons in 2016 to around 1.8 million tons.
China restarted the import of bauxite from the Solomon Islands in September 2016. According to the data, in 2016, China imported a total of approximately 238,000 tons of bauxite from the Solomon Islands, which was a year-on-year decline of 11%. At present, there are two suppliers of bauxite in the Solomon Islands. As investors have increased their development efforts, it is expected that the production of the bauxite in Solomon Islands will increase to at least 3 million tons in 2017. The British company Arufa’s registered company in Guinea is called Bayer Minerals, and the mining area has proven reserves of 146 million tons of bauxite. The Guinean government accounts for 15% of the dry shares in this project. The project is expected to export 5 million tons of bauxite from 2018 to 2023 and increase it to 10 million tons after 2023.