Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Future Development Dilemma of China Aluminum
1. Future Development Dilemma of China Aluminum
China Aluminum Development Crisis
Industry Injury Investigation Bureau of the Ministry of Commerce has issued a warning to the
public, Chinese bauxite foreign dependence is up to 60%. Bauxite from Indonesia accounted
for more than 70% of the bauxite from Indonesia proportion and hit a new high of 84.19
percent in July of this year alone. India imports accounted for more than about 1.7%.
Reserves of bauxite are huge in the world, but in our country, this is facing depletion. China's
bauxite resources are relatively scarce, and the static guarantee period is only 10 years.
General Administration of Customs data shows that in 2005 and 2006, the average price of
China's bauxite imports is about 33 U.S. dollars / ton, before July 2011, the average price of
imports has risen to 45.2 U.S. dollars / ton, the highest, up to $ 66 / ton. And to the end of
June this year, China's total alumina production capacity is 45.32 million tons, accounting for
Asia, the proportion of the global total of 85.4% and 41.3%, respectively. In the "Eleventh
Five-Year" period, China's aluminum profile production expanded three times and behind
which to support these capacity is the vast majority of Indonesia lateritic bauxite.
The Indonesian Government Restricts on Aluminum Exports
In recent years, Indonesia's economic development growth accelerated, the utilization of their
resources, protection and increasing awareness, continue to restrict the export of mineral
resources news. Earlier this year, the central government of Indonesia recovered from the
county government in the hands of the right of approval of the mineral resources, Bauxite
production and price regulation is Huge by the government concentrated. This risk is
exacerbated market volatility of aluminum sheet metal. Multinational companies to
monopolize the resources of this kind need to rely heavily on imports of the country and this
constitutes a threat to our country. Bauxite resources countries in the world, such as
Australia, its resource royalties and production have been control of U.S. multinational
Aluminum Company. American multinational companies control the yield of 25% and nearly
1/3 of the world's bauxite production capacity. Over 40% of Jamaica and Brazil's bauxite
resources are controlled by multinational corporations.
High Demand of Automotive Industry Aluminum
The automotive industry is the pillar industry of China's national economy, to achieve high-
speed development into the 21st century. According to the China Association of Automobile
Manufacturers, China's auto output in 2010 reached 18.26 million, a compound annual
growth rate of 24% in 2001 to 2010, has become the global automobile production veritable
2. superpower. Environment energy saving at home and abroad, the automotive lightweight
process is accelerating, creating excellent market opportunities for the application of
aluminum and aluminum products in the automotive industry.
The article is come from:http://www.chinawoodenflooring.com/index.php/future-development-
dilemma-of-china-aluminum.htm