List of Countries with the Largest Bauxite Reserves 2023

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Adi Ahdiat 30/09/2024 18:50 WIB

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According to USGS data, Guinea had the world's largest bauxite reserves in 2023, while Indonesia ranked sixth.

List of Countries with the Largest Bauxite Reserves in the World (2023)

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List of Countries with the Largest Bauxite Reserves in the World (2023)

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According to the United States Geological Survey (USGS), global bauxite reserves reached 30 billion dry metric tons in 2023.

The largest reserves are in Guinea, at 7.4 billion dry metric tons, equivalent to 25% of total global reserves.

Other countries with top global bauxite reserves include Vietnam (19%), Australia (12%), Brazil (9%), Jamaica (7%), and Indonesia (3%).

Next are China (2%), India (2%), Russia (2%), Saudi Arabia (0.6%), Kazakhstan (0.5%), Turkey (0.2%), and the United States (0.1%), with volumes as shown in the graph.

Indonesia, the world's 6th largest bauxite reserve holder, banned the export of raw bauxite ore in June 2023.

This policy aims to encourage downstream processing or domestic bauxite processing to increase its added value to the national economy.

However, the realization of downstream processing has not been optimal. This is evident from the weakening performance of Indonesia's bauxite processing industry exports in 2023.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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List of Countries with the Largest Bauxite Reserves 2023

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