The cost of bauxite per tonne varies depending on factors like grade, location, market demand, and transportation costs. Here are some general price ranges as of 2024:
Global Bauxite Prices (Approximate)
1. Guinea (High-Grade, Al₂O₃ ~45-50%):
– $35–$55 per tonne (FOB)
– *Guinea is a major exporter with large reserves.*
2. Australia (High-Grade, Al₂O₃ ~50-55%):
– $40–$65 per tonne (FOB)
– *Australia is the top bauxite producer.*
3. Brazil & Jamaica (Mid-Grade):
– $30–$50 per tonne (FOB)
4. India & Indonesia:
– $25–$45 per tonne (varies by quality and export policies).
5. China (Domestic, Low-Grade):
– $20–$40 per tonne (depends on alumina content).
Factors Affecting Price:
– Alumina Content (%): Higher Al₂O₃ grades command premium prices.
– Silica Content: Lower SiO₂ is preferred for refining.
– Logistics & Freight Costs: Shipping from Africa or Australia adds $10–$30/tonne.
– Market Demand: Aluminum prices influence bauxite demand.
– Government Polici*: Export bans/taxes (e.g., Indonesia’s restrictions).
Recent Trends:
– Prices have been stable but could rise due to growing aluminum demand in EVs and construction.
– Guinea’s political stability and infrastructure impact global supply.
For precise quotes, check sources like:
– [S&P Global Commodity Insights](https://www.spglobal.com/commodityinsights/)
– [Metal Bulletin](https://www.metalbulletin.com/)
– [Argus Media](https://www.argusmedia.com/)
Would you like pricing for a specific country or grade?