Business news from Ukraine

Business news from Ukraine

Ukraine reduced imports of aluminum ores and concentrate by 79.8%

22 December , 2022  

Ukraine in January-November this year, Ukraine decreased imports of aluminum ores and concentrate (bauxite) in volume terms by 79.8% over the same period last year – up to 945.396 thousand tons, in November imports were not carried out.
According to statistics released by the State Customs Service (SCS), during this period, imports of bauxite in monetary terms decreased by 77.5% – to $48.166 million.
Ukraine did not re-export bauxite in January-November 2022.
As reported, Ukraine in 2021 decreased imports of aluminum ore and concentrate (bauxite) in volume terms by 0.1% compared to 2020 – to 5 million 114.227 thousand tons. Imports of bauxite in monetary terms increased by 4.2% to $236.638 million.
Imports were carried out mainly from Guinea (59.33% of supplies in monetary terms), Brazil (21.33%) and Ghana (16.8%).
Ukraine in 2021 made re-export of bauxite in the amount of 277 tons worth $ 70 thousand to Belarus (48.57%), Poland (40%) and Russia (7.14%), while in 2020 was re-exported to Poland 255 tons of bauxite worth $ 41 thousand.
Bauxite is an aluminum ore used as a raw material for producing alumina, and from it, aluminum. They are also used as fluxes in iron and steel industry.
Bauxite is imported into Ukraine by the Nikolaev Alumina Refinery (NGR), which before the war was affiliated with the United Company (UC) Russian Aluminum (RusAl, RF). Bauxite is used to produce alumina.
“RusAl in Ukraine also previously owned a stake in the Zaporozhye Aluminum Plant (ZALK), which stopped producing primary aluminum and alumina.

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