Summary Of Major Mineral Commodities And Leading Producers For 1993 - Bauxite

Bauxite resources were primarily in Africa, Asia, Oceania, and South America. Only five countries combined, Australia, Brazil, Guinea, India, and Jamaica, contained most of the total world reserves available for extraction under current economic conditions and accounted for nearly 80 % of world production of bauxite. World bauxite and alumina production declined and prices for smelter-grade alumina remained below the $200/mt level during 1993 because of growing aluminum inventories on international markets and declining worldwide demand. The United States imported bauxite primarily from Australia, Brazil, Guinea, and Jamaica. U.S. alumina plant capacity remained essentially unchanged throughout 1993, but apparent capacity utilization decreased by the close of 1993. Chromium Most of the world's known resources and reserves of chromite are located in India, Kazakhstan, South Africa, and Zimbabwe. India, Kazakhstan, and South Africa accounted for 73 % of world production of chromite. The two largest producers of chromite, Kazakhstan and South Africa, were in the process of major economic and political change during 1993. South Africa's production and exports of chromite continued to fall during 1993, because of weak international demand and a flood of cheap metal from the former U.S.S.R. and China into world markets. Despite a significant increase in production, South Africa's ferrochrome producers continued to operate below capacity in 1993. Prior o the dissolution of the U.S.S.R., Kazakhstan was a major internal supplier of chromite ore to the U.S.S.R. consumer, but subsequent decline in demand led to a downward trend of chromite production in Kazakhstan and increasing exports to Europe during 1992 and 1993. The United States consumed, about 10% of world chromite ore production in various forms of imported materials. The United States imported nearly one-half of its required chromium contained in chromite ore and chromium ferroalloys and metal from South Africa; the remainder was from the minor producers Turkey, Yugoslavia, Zimbabwe, and others.