Business news from Ukraine

Business news from Ukraine

In January-September 2024, Turkey and China became main suppliers of bauxite to Ukraine

15 October , 2024  

In January-September this year, Ukraine increased imports of aluminum ores and concentrate (bauxite) in physical terms by 99.8% compared to the same period last year, up to 19.528 thousand tons. According to statistics released by the State Customs Service on Tuesday, bauxite imports in monetary terms increased 2.2 times to $2.435 million during the period.
The imports came mainly from Turkey (77.38% of supplies in monetary terms), China (19.42%) and Spain (3.20%).
Ukraine did not re-export bauxite in the same period of this year as in January-September 2013.
As reported, in 2022, Ukraine reduced imports of aluminum ore and concentrate (bauxite) in physical terms by 81.5% compared to the previous year – to 945.396 thousand tons. Imports of bauxite in monetary terms decreased by 79.6% to $48.166 million. Imports were mainly from Guinea (58.90% of supplies in monetary terms), Brazil (27.19%) and Ghana (7.48%). In 2023, Ukraine imported 19,830 thousand tons of bauxite worth $2.360 million.
Bauxite is an aluminum ore used as a raw material to produce alumina, which is used to make aluminum. They are also used as fluxes in ferrous metallurgy.
Mykolaiv Alumina Plant (MAP) imports bauxite to Ukraine.

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