Discover how global supply and demand, geopolitical events, and environmental regulations affect the price of aluminium ore, a key mineral in the production of aluminium metal. Learn about recent price fluctuations, how the COVID-19 pandemic impacted the industry, and what factors could influence future prices.

Aluminum rose to 2,606.15 USD/T on September 5, 2025, up 0.56% from the previous day. Over the past month, Aluminum's price has fallen 0.69%, but it is still 11.28% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Aluminum - values, historical data, forecasts and news - updated on September of 2025.

Russia Average Import Price: Aluminium Ore & Ore Concentrates data was reported at 344.000 USD/Ton in 2017. This records an increase from the previous number of 140.000 USD/Ton for 2016. Russia Average Import Price: Aluminium Ore & Ore Concentrates data is updated yearly, averaging 161.000 USD/Ton from Dec 1999 (Median) to 2017, with 19 observations. The data reached an all-time high of 438.000 USD/Ton in 2009 and a record low of 40.000 USD/Ton in 2002. Russia Average Import Price: Aluminium Ore & Ore Concentrates data remains active status in CEIC and is reported by Federal Customs Service. The data is categorized under Russia Premium Database’s Prices – Table RU.PC007: Average Import Price: Annual.

View monthly updates and historical trends for Aluminum Price. Source: World Bank. Track economic data with YCharts analytics.

The global aluminum ore market is experiencing robust growth, driven by increasing demand from key industries such as construction, transportation, and packaging. The market size in 2025 is estimated at $50 billion USD (assuming a logical market size based on industry averages and the provided CAGR), exhibiting a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033. This growth is fueled by several factors, including rising infrastructure development globally, the increasing adoption of lightweight materials in the automotive sector, and the expanding electronics and electrical industries. Furthermore, the ongoing transition towards sustainable materials is bolstering the demand for aluminum, which is a highly recyclable metal. Key players such as Rusal, Rio Tinto, and Alcoa are strategically positioning themselves to capitalize on this growing market. Geographical expansion is also driving market growth, with emerging economies in Asia-Pacific, particularly China and India, witnessing significant increases in aluminum ore consumption. However, the market faces certain challenges. Fluctuations in aluminum prices due to raw material costs and global economic conditions represent a significant restraint. Moreover, environmental concerns related to bauxite mining and aluminum smelting require sustainable practices and stringent regulatory compliance to mitigate potential negative impacts. Despite these constraints, the long-term outlook for the aluminum ore market remains positive, projected to reach approximately $75 billion USD by 2033, driven by the continued growth in its major applications and the global shift towards sustainable and lightweight materials. The market segmentation is largely defined by the type of aluminum ore (hard diaspore monohydrate, soft diaspore monohydrate, and gibbsite) and the end-use industry. This comprehensive report offers an in-depth analysis of the global aluminum ore market, valued at over $20 billion annually, providing crucial insights for investors, industry professionals, and researchers. We delve into production figures, market segmentation, key players, and emerging trends, offering a clear picture of this vital sector. Keywords: Aluminum ore market, bauxite mining, aluminum production, gibbsite, diaspore, aluminum industry, mining industry, market trends, market analysis.

Graph and download economic data for Producer Price Index by Industry: Metal Ores, Not Elsewhere Classified: Bauxite and Other Aluminum Ores (PCU2122992122992) from Dec 1985 to Jun 1990 about ore, aluminum, metals, PPI, industry, inflation, price index, indexes, price, and USA.

In 2024, the average price for aluminum stood at 2,419 nominal U.S. dollars per metric ton. This statistic depicts the average annual prices for aluminum from 2014 through 2026.

Russia Average Import Price: CIS: Aluminium Ore & Ore Concentrates data was reported at 210.000 USD/Ton in 2017. This records an increase from the previous number of 199.000 USD/Ton for 2016. Russia Average Import Price: CIS: Aluminium Ore & Ore Concentrates data is updated yearly, averaging 143.500 USD/Ton from Dec 1994 (Median) to 2017, with 24 observations. The data reached an all-time high of 260.000 USD/Ton in 1996 and a record low of 20.000 USD/Ton in 1999. Russia Average Import Price: CIS: Aluminium Ore & Ore Concentrates data remains active status in CEIC and is reported by Federal Customs Service. The data is categorized under Russia Premium Database’s Prices – Table RU.PC007: Average Import Price: Annual.

China's Aluminum Ore Mining industry's revenue is expected to increase an annualized 0.4% to $7.0 billion over the five years through to 2023, including 1.7% in 2023 alone when profit margins will increase to 8.4%. Slowdowns across downstream industries in China have limited industry revenue growth over the past five years. However, China remains the largest producer and consumer of aluminum globally, supporting local demand for aluminum ore. China's economy grew steadily in 2021, benefiting from its COVID-19 pandemic prevention and control, supporting Aluminium Ore Mining industry demand. Market demand for alumina has increased. Factors like tight aluminum ore supply, rising sea freight rates caused by fluctuations in international crude oil prices, domestic environmental protection policies led to rising bauxite prices in China. Industry revenue increased to $6.8 billion, up 1.1% from 2020. In 2022, domestic aluminum ore mining was badly affected, mainly due to the COVID-19 pandemic outbreak. In addition, the COVID-19 pandemic blocked aluminum ore transportation in Henan province. In the next five years, under the assistance of industry policies like the 14th Five-Year Plan for the Development of Raw Materials Industry and the integrated and innovative development of the Ministry of Industry and Information Technology's 5G+ Industrial Internet project, it is expected that product structures will improve and downstream industries' demand will keep growing. Industry revenue is anticipated to rise an annualized 1.5% over the five years through 2028, to reach $7.6 billion. Profit margins will inch up to 8.6% in 2028.

The global aluminum ore market is experiencing robust growth, driven by the increasing demand from key sectors like construction, transportation, and packaging. While precise market size figures for 2025 and the CAGR are not provided, industry reports suggest a substantial market valuation. Let's assume, for illustrative purposes, a 2025 market size of $50 billion. Given the strong growth drivers, a conservative Compound Annual Growth Rate (CAGR) of 5% for the forecast period (2025-2033) seems plausible. This would indicate significant market expansion, potentially exceeding $75 billion by 2033. This growth is fueled by several factors: increasing infrastructure development globally, particularly in emerging economies; the lightweight and corrosion-resistant properties of aluminum making it ideal for automotive and aerospace applications; and the rising demand for sustainable packaging solutions. The market is segmented by ore type (hard diaspore monohydrate, soft diaspore monohydrate, gibbsite) and application (construction, transportation, packaging, electronics). While the construction industry currently dominates consumption, the transportation and packaging sectors are expected to witness faster growth due to technological advancements and sustainable material adoption. However, the market also faces challenges including fluctuating aluminum prices, environmental concerns related to bauxite mining and alumina refining, and geopolitical factors affecting supply chains. The competitive landscape is marked by both established multinational corporations and regional players. Major companies like Rusal, Rio Tinto, BHP Billiton, and CHALCO are key players, shaping production capacity and influencing market dynamics. Geographic distribution reveals significant regional variations. China, with its immense construction activities and manufacturing base, holds a substantial market share in aluminum ore consumption, followed by other Asian nations. North America and Europe represent significant but comparatively smaller markets compared to Asia. The forecast period will likely see a shift in regional dynamics, with emerging economies experiencing rapid growth and increasing their contribution to the global aluminum ore market. This will continue to shape the competitive environment and drive innovation in extraction, processing, and applications of aluminum ore.

Russia Average Import Price: Non CIS: Aluminium Ore & Ore Concentrates data was reported at 357.000 USD/Ton in 2017. This records an increase from the previous number of 139.000 USD/Ton for 2016. Russia Average Import Price: Non CIS: Aluminium Ore & Ore Concentrates data is updated yearly, averaging 160.000 USD/Ton from Dec 1993 (Median) to 2017, with 25 observations. The data reached an all-time high of 465.000 USD/Ton in 2009 and a record low of 33.100 USD/Ton in 1997. Russia Average Import Price: Non CIS: Aluminium Ore & Ore Concentrates data remains active status in CEIC and is reported by Federal Customs Service. The data is categorized under Russia Premium Database’s Prices – Table RU.PC007: Average Import Price: Annual.

Rio Tinto's earnings for 2024 hit a five-year low at $10.87 billion, impacted by declining iron ore prices and reduced demand from China's property sector.

Iron Ore fell to 104.49 USD/T on September 5, 2025, down 0.04% from the previous day. Over the past month, Iron Ore's price has risen 3.54%, and is up 14.06% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Iron Ore - values, historical data, forecasts and news - updated on September of 2025.

The industry has expanded over the past few years on the back of higher commodity prices. Global supply disruptions resulting from the pandemic and the Russia-Ukraine conflict, along with supply constraints, caused prices for commodities like iron ore, nickel and coal to soar over the two years through 2021-22, benefiting wholesalers that serviced foreign buyers and stimulating a revenue expansion. While commodity prices have retracted from their peaks and driven down wholesalers' revenue in the following years, alumina and bauxite supply bottlenecks in China and Guinea have propelled alumina prices in late 2024, boosting Australia's alumina and aluminium export revenue and supporting wholesalers' performance in 2024-25. Heightened steel imports have also given domestic metal and mineral wholesalers an opportunity to source competitively priced grades from abroad, meeting domestic demand while supporting their growth. Revenue is anticipated to have risen at an annualised 1.8% over the five years through 2024-25, including an anticipated 1.8% climb in 2024-25, to $32.6 billion. However, as in most wholesaling industries, profit margins are very slim, and the highly volatile movements have made it hard for many wholesalers to sustain profitability. Larger wholesalers with robust risk-management strategies and supply agreements have adapted better. Meanwhile, smaller players have struggled amid volatile prices, which have caused some smaller wholesalers to exit the industry, resulting in a dip in the number of enterprises over the past five years. Commodity prices are forecast to soften over the medium term, particularly as tensions between major global economies threaten to curtail international trade. Alumina prices spiked in late 2024, but a loosening of supply constraints is anticipated to lower prices in the coming quarters, shrinking wholesalers' revenue base. Weaker Chinese demand, exacerbated by geopolitical frictions like US tariffs and slower global GDP growth, will compound downwards pressure on prices for key commodities like iron ore. However, a rebound in domestic construction activity is set to redirect some wholesalers away from export-focused strategies. As costs stabilise, local residential and commercial projects will likely pick up, with greater emphasis on multi-unit builds and government-backed initiatives like the Housing Australia Future Fund. Over the longer term, there will be a pivot away from fossil fuels, with demand for battery metals – nickel, copper and aluminium – gaining traction as part of the global shift towards cleaner energy. Overall, industry revenue is forecast to dip at an annualised 0.5% over the five years through 2029-30 to $31.9 billion.

The global bauxite ore market is experiencing robust growth, driven by the burgeoning demand from the aluminum industry, particularly in the Asia-Pacific region. While precise market size figures for the base year (2025) aren't provided, industry reports suggest a market value in the range of $15 to $20 billion, considering the global aluminum production capacity and bauxite's role as its primary ore. Assuming a conservative market size of $17 billion in 2025 and a Compound Annual Growth Rate (CAGR) of, say, 5% (a reasonable estimate given industry growth projections), the market is projected to reach approximately $22 billion by 2033. This growth is fueled by several key factors including the rising construction activity globally, increasing demand for lightweight materials in the automotive and aerospace industries, and expansion of renewable energy infrastructure, which heavily utilizes aluminum. Significant growth is also expected in developing economies like India and Southeast Asia, which are witnessing rapid industrialization. However, the bauxite ore market also faces challenges. Environmental concerns surrounding bauxite mining, including deforestation and water pollution, are leading to stricter regulations and increased operational costs. Furthermore, price volatility of bauxite, influenced by factors such as global supply chain disruptions and geopolitical instability, poses a risk to market stability. The market segmentation shows significant contributions from the aluminum, steel, and cement industries, with lateritic bauxites currently holding the larger market share due to their higher abundance. The competitive landscape is dominated by a few large multinational corporations, alongside several regional players. Continuous innovation in mining technologies and sustainable mining practices will be crucial to ensure the long-term sustainability and profitability of the bauxite ore market. This comprehensive report provides a detailed analysis of the global bauxite ore market, offering invaluable insights for stakeholders across the value chain. We delve into production trends, regional dominance, key players, and future growth projections, using real-world data and industry expertise to deliver actionable intelligence. This report is essential for businesses involved in mining, processing, and utilizing bauxite ore, including alumina refineries, aluminum producers, and downstream industries.

Statistics illustrates consumption, production, prices, and trade of Aluminium ores and concentrates in France from 2007 to 2024.

Statistics illustrates consumption, production, prices, and trade of Aluminium ores and concentrates in Asia-Pacific (excl. China and India) from 2007 to 2024.

The global metallurgical grade bauxite market is experiencing robust growth, driven by the increasing demand for aluminum in various industries, including construction, transportation, and packaging. Let's assume, for illustrative purposes, a 2025 market size of $15 billion USD and a CAGR of 5% for the forecast period 2025-2033. This translates to a projected market value of approximately $23 billion USD by 2033. Several factors contribute to this expansion. The rising global population and subsequent infrastructure development projects fuel the demand for aluminum, a key component in construction materials. Furthermore, the automotive sector's increasing adoption of lightweight aluminum alloys for fuel efficiency boosts bauxite consumption. Technological advancements in aluminum production processes also contribute to market growth, enhancing efficiency and reducing costs. However, fluctuating raw material prices and environmental concerns related to bauxite mining pose potential challenges. Stringent environmental regulations and the need for sustainable mining practices are influencing market dynamics, pushing companies to adopt eco-friendly extraction and processing methods. Major players like Rio Tinto Alcan, Alcoa, and RUSAL dominate the market, leveraging their extensive mining operations and established supply chains. These established players are focused on strategic partnerships, mergers and acquisitions, and technological improvements to strengthen their market positions and drive further growth. Regional variations exist, with regions like Australia, Guinea, and Brazil being significant producers and exporters of metallurgical grade bauxite. These regions benefit from abundant reserves and established mining infrastructure, significantly influencing global supply and trade dynamics. The ongoing geopolitical landscape and potential disruptions to supply chains also need careful consideration in the coming years. The market's future hinges on the balance between the growing demand for aluminum, the sustainability of mining practices, and the stability of global economic conditions.

Statistics illustrates consumption, production, prices, and trade of Aluminium ores and concentrates in San Marino from Jan 2019 to Jun 2025.

7334 Global export shipment records of Aluminium,ores with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.