Metals & Mining #bauxite#trade
Global bauxite trade triples in a decade as Guinea-China shipments hit record
Global seaborne bauxite trade rose from 81.3m tonnes in 2016 to a record 247.5m tonnes in 2025, and volumes in the first seven months of 2026 are up 9.5% year on year. Guinea now supplies nearly four-fifths of internationally traded bauxite, with China taking almost 92% of cargoes. The trade has become a key source of demand for capesize and other large bulk carriers.
Aug 5, 2026 1 source