Bauxite Aluminum Commodities Project Stan and Ben

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Bauxite Commodities Project

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Bauxite Aluminum Commodities Project Stan and Ben

  1. 1. Presented From The Wu Brotherhood. BAUXITE For Ease of Research, many have been done on Aluminum instead of Bauxite. Aluminum has a direct relationship with Bauxite.
  2. 2. Information <ul><li>Producing Countries: </li></ul><ul><ul><li>Australia (2/5 of world production) </li></ul></ul><ul><ul><li>Brazil, Guinea, Jamaica (important producers) </li></ul></ul><ul><ul><li>20 other countries (less producers) </li></ul></ul><ul><ul><li>USA 100 years ago used to be important but is now negligible. </li></ul></ul>
  3. 3. Goods (Uses of Bauxite in Percentage) <ul><li>85% used to produce alumina for refining into aluminum metal. </li></ul><ul><li>10% used to produced alumina which is used in chemical, abrasive, and refractory products. </li></ul><ul><li>5% used to make abrasives, refractory materials, and aluminum compounds. </li></ul><ul><li>The lightness, strength, and corrosion resistance are important considerations in it use. Metallic aluminum is used in transportation, and packaging. </li></ul>
  4. 4. Where Bauxite (Aluminum) is Traded <ul><ul><li>London Metal Exchange </li></ul></ul><ul><ul><li>Commodity Exchange </li></ul></ul><ul><ul><li>New York Mercantile Exchange </li></ul></ul><ul><ul><li>Tokyo Commodity Exchange </li></ul></ul><ul><ul><li>Shanghai Futures Exchange </li></ul></ul>
  5. 5. Bauxite Price Trend Current Price: 0.8938 USD/lb (Oct 31, 2008)
  6. 6. Conditions Responsible for Fluctuations in Price <ul><li>Natural Disasters (Snowstorm in China) </li></ul><ul><li>Shortage/Surplus (Supply) </li></ul><ul><li>Bauxite Shortage </li></ul><ul><li>Largely Related to Construction </li></ul><ul><li>War </li></ul>
  7. 7. Industry Group/ Trade Agreements <ul><li>1901, first world-wide aluminum cartel was formed by the five major companies, who at that time were producing 90% of the world's aluminum. </li></ul><ul><ul><li>Each Company could sell freely in their country in a closed market </li></ul></ul><ul><ul><li>Each company was allotted a guaranteed share of the rest of the world market </li></ul></ul><ul><li>1926, more formal cartel was signed </li></ul><ul><li>1931, cartel was formalized as a gigantic company, Alliance Aluminium Compagnie of Switzerland, this included every major aluminum company </li></ul><ul><ul><li>Succesful during the 1930’s </li></ul></ul><ul><ul><li>Aluminum Prices were kept stable through the worst of the depression </li></ul></ul>
  8. 8. Bibliography <ul><li>&quot;Aluminum and Bauxite.&quot; Mineral Information Institute. 2 Nov. 2008 <http://www.mii.org/minerals/photoal.html>. </li></ul><ul><li>&quot;CHAPTER FOURTEEN: CARTELS, and VARIOUS METAL CANS OF WORMS.&quot; May 1999. 2 Nov. 2008 <http://www- geology.ucdavis.edu/~cowen/~gel115/115ch14aluminum.html>. </li></ul><ul><li>&quot;Dynamic Charting.&quot; Investment Mine . 2 Nov. 2008 <http://www.infomine.com/investment/metalschart.asp?c=aluminum& submit1=display+chart&x=usd&r=15y>. </li></ul><ul><li>&quot;Metals Commodity Markets and Exchanges.&quot; About.com . 2 Nov. 2008 <http://metals.about.com/od/commoditymarket1/metals_commodity_ markets_and_exchanges.htm>. </li></ul><ul><li>&quot;Metal Prices & News on the Internet.&quot; MetalPrices.com . 2 Nov. 2008 </li></ul><ul><li><http://www.metalprices.com/>. </li></ul><ul><li>XiaoJie, Lu. &quot;Alumina: basic balance between supply and demand.&quot; Entrepreneur.com . 26 Feb. 2008. 2 Nov. 2008 <http://www.entrepreneur.com/tradejournals/article/print/176371907.ht ml>. </li></ul>

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