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The Zhitong Finance App learned that Citi said in a research report released recently that in recent years, China's aluminum industry's dependence on imported bauxite has continued to rise. Since 2020, China's bauxite imports have grown rapidly, and the growth rate is much higher than aluminum production (the end use of bauxite). Meanwhile, in the context of Chinese companies advancing projects at an unprecedented speed and supplying the Chinese market, Guinea has become an important source of imported bauxite from China.
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The Zhitong Finance App learned that Citi said in a research report released recently that in recent years, China's aluminum industry's dependence on imported bauxite has continued to rise. Since 2020, China's bauxite imports have grown rapidly, and the growth rate is much higher than aluminum production (the end use of bauxite). Meanwhile, in the context of Chinese companies advancing projects at an unprecedented speed and supplying the Chinese market, Guinea has become an important source of imported bauxite from China.
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