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BAUXITE
COMMODITY MARKET RISK
RISK MAGNITUDE 06 ON LYSCALE RISKGRADE

Definition
Lateritic bauxites (silicate bauxites) are distinguished from karst bauxites (carbonate bauxites). The early discovered carbonate bauxites occur predominantly in Europe and Jamaica above carbonate rocks (limestone and dolomite), where they were formed by lateritic weathering and residual accumulation of intercalated clays or of clayey dissolution residues of the limestone.

The lateritic bauxites occur in many countries of the tropical belt. They were formed by lateritization (see laterite) of various silicate rocks such as granite, gneiss, basalt, syenite and shale. Compared with iron-rich laterites, the formation of bauxites demands even more intense weathering conditions with a very good drainage. This enables dissolution of kaolinite and precipitation of gibbsite. Zones with highest aluminium content are frequently located below a ferruginous surface layer. The aluminium hydroxide in the lateritic bauxite deposits is almost exclusively gibbsite.
Processing
Bauxite is strip mined (surface mining) because it is found at the surface, with little or no overburden. Approximately 95% of the world's bauxite production is processed into aluminium. Bauxites are typically classified according to their intended commercial application: metallurgical, abrasive, cement, chemical and refractory.

Bauxites are heated in pressure vessels with sodium hydroxide solution at 150-200 °C through which aluminium is dissolved as aluminate (Bayer process). After separation of ferruginous residue (red mud) by filtering, pure gibbsite is precipitated when the liquor is cooled and seeded with fine grained aluminium hydroxide. Gibbsite is converted into aluminium oxide by heating. This is molten at approx. 1000 °C by addition of cryolite as a flux and reduced to metallic aluminium by a highly energy-consumptive electrolytic process (the Hall-Héroult process).

Supply
According to The Recycler's Handbook By The EarthWorks Group (1990), bauxite supplies on Earth will run out in 200-300 years.

Aluminocrete or Alcrete
Aluminocrete or Alcrete[1] is a type of soil deposit, rich in aluminium. It is generally found in tropical regions, where the parent material is rapidly weathered because of high rainfall and high ambient temperatures. In these conditions, more mobile elements are leached out of the soil, leaving the relatively insoluble Al3+ ions behind. A hard, nearly impermeable crust, called a duricrust, may form on or near the surface of such soils. Duricrusts of aluminium-rich soils are called alcrete, or aluminocrete. Alcrete deposits with extremely high concentrations of aluminium are known as bauxite.
 
 

BAUXITE

GLOBAL PRODUCTION

x1000 Tonnes, Numbers for 2001 estimated & Current Approximation

 CountriesMining ProductionMining ProductionReserveReserve BaseRISK
TIMELINE20002001CurrentCurrentToday
AUSTRALIA 58,800 53,500 3,800,0007,400,000  RM 1
BRAZIL 14,000 14,000 3,900,0004,900,000 RM 7 
CHINA  9,000     9,200   7,400,0002,000,000RM16 
GUINEA 15,000 15,000 7,400,000 8,600,000   RM 9
GUYANA   2,400        2,000        700,000     900,000   RM3
INDIA     7,370        8,000         770,000   1,400,000   RM11
JAMAICA11,100   13,000    2,000,000  2,500,000   RM7
RUSSIA 4,200     4,000       200,000  2,500,000   RM16
SURINAME 3,610   4,000      580,000     600,000   RM 9
UNITED STATES NA NA    20,000     40,000  RM15 
VENEZUELA   4,200      4,400      320,000    350,000   RM17
OTHER COUNTRIES        10,800          10,200    4,100,000 4,700,000  RM6
WORLD TOTAL135,000   137,000  24,000,000 34,000,000   RM6