Your SlideShare is downloading. ×
Bauxite Aluminum Commodities Project Stan and Ben
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×

Saving this for later?

Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime - even offline.

Text the download link to your phone

Standard text messaging rates apply

Bauxite Aluminum Commodities Project Stan and Ben

3,413
views

Published on

Bauxite Commodities Project

Bauxite Commodities Project

Published in: Business, Technology

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
3,413
On Slideshare
0
From Embeds
0
Number of Embeds
5
Actions
Shares
0
Downloads
26
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 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. Information
    • Producing Countries:
      • Australia (2/5 of world production)
      • Brazil, Guinea, Jamaica (important producers)
      • 20 other countries (less producers)
      • USA 100 years ago used to be important but is now negligible.
  • 3. Goods (Uses of Bauxite in Percentage)
    • 85% used to produce alumina for refining into aluminum metal.
    • 10% used to produced alumina which is used in chemical, abrasive, and refractory products.
    • 5% used to make abrasives, refractory materials, and aluminum compounds.
    • The lightness, strength, and corrosion resistance are important considerations in it use. Metallic aluminum is used in transportation, and packaging.
  • 4. Where Bauxite (Aluminum) is Traded
      • London Metal Exchange
      • Commodity Exchange
      • New York Mercantile Exchange
      • Tokyo Commodity Exchange
      • Shanghai Futures Exchange
  • 5. Bauxite Price Trend Current Price: 0.8938 USD/lb (Oct 31, 2008)
  • 6. Conditions Responsible for Fluctuations in Price
    • Natural Disasters (Snowstorm in China)
    • Shortage/Surplus (Supply)
    • Bauxite Shortage
    • Largely Related to Construction
    • War
  • 7. Industry Group/ Trade Agreements
    • 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.
      • Each Company could sell freely in their country in a closed market
      • Each company was allotted a guaranteed share of the rest of the world market
    • 1926, more formal cartel was signed
    • 1931, cartel was formalized as a gigantic company, Alliance Aluminium Compagnie of Switzerland, this included every major aluminum company
      • Succesful during the 1930’s
      • Aluminum Prices were kept stable through the worst of the depression
  • 8. Bibliography
    • &quot;Aluminum and Bauxite.&quot; Mineral Information Institute. 2 Nov. 2008 <http://www.mii.org/minerals/photoal.html>.
    • &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>.
    • &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>.
    • &quot;Metals Commodity Markets and Exchanges.&quot; About.com . 2 Nov. 2008 <http://metals.about.com/od/commoditymarket1/metals_commodity_ markets_and_exchanges.htm>.
    • &quot;Metal Prices & News on the Internet.&quot; MetalPrices.com . 2 Nov. 2008
    • <http://www.metalprices.com/>.
    • 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>.