I. international market
* resources of bauxite
Guinea, Australia, Brazil, China, Jamaica and India are among the countries with more than 1 billion tons of proven bauxite reserves, accounting for about 73% of the world's total bauxite reserves. Among them, bauxite in Australia, South America, Africa and other regions has good quality, large reserves and low mining cost.
*Production and trade of alumina
As the main raw material of electrolytic aluminum -- alumina, most of its production is located near the area adjacent to bauxite resources. The regions rich in bauxite are Oceania and Latin America. Due to the high dependence of electrolytic aluminum production on alumina raw materials, most of the alumina in the world (about 80% ~ 90%) are sold through long-term contracts, and few can be sold on the spot market.
* production of aluminum ingots
The real industrial production of aluminum industry in the world began in 1886, and in 1956, the global aluminum production began to surpass copper and become the first place of non-ferrous metals, becoming the second largest metal after (steel) iron. In recent years, the improvement of technology and equipment level of the global aluminum processing industry, especially the rapid development of China's aluminum industry, has driven the rapid growth of global aluminum production. By the end of 2007, global primary aluminum production reached 38.15 million tons. Aluminum ingots are mainly produced in China, the United States, Russia, Canada, Australia and other countries.
* consumption of aluminum ingots
* consumption of aluminum ingots
With the increase of electrolytic aluminum production and the reduction of production cost year by year, aluminum and aluminum alloy are widely used in various fields, leading to the rapid growth of aluminum consumption. Global consumption of aluminum ingots was 37.81 million tons in 2007.
2. Domestic market
* aluminum resources
China is one of the world's major reserves of bauxite, 97% of which are distributed in shanxi, , guizhou, guangxi, sichuan, shandong and yunnan provinces. Few open pit mines, relatively high mining costs.
*Production of alumina
China's alumina production has grown from less than 1 million tons in the 1990s to 19.8 million tons in 2007, making China the fastest growing alumina producer in the world. The ficant increase of alumina production capacity in China has led to a ficant drop in the global alumina price, which has been rising for many years, and greatly reduced the cost of domestic electrolytic aluminum production enterprises.
* production of aluminum ingots
China's aluminum industry began in the 1950s, after 50 years of development, especially since 1992 to show a leap in development, has become the focus of the global aluminum industry. The output of electrolytic aluminum in China has risen to the first place in the world since 2001. From 2002 to 207, the annual output of electrolytic aluminum increased by more than 1 million tons, consolidating the position of the first place in the world.
* consumption of aluminum
China's sustained and rapid economic development has driven the high growth rate of aluminum consumption-related industries. Especially in the three fields of construction, electricity and packaging, aluminum has gradually become the main consumer. Consumption rose from 830,000 tonnes in 1990 to 12.05 million tonnes in 2007, making it the world's largest aluminium consumer. From the consumption area, south China, east China is the main domestic aluminum consumption area, and some electrolytic aluminum production province is also becoming a new aluminum consumption area.
