Exports: ↓ 53% to 0.18 MT (mainly to Nepal, Kuwait, Oman).
Imports: ↑ 20% to 3.6 MT (mainly from Guinea – 88%, Sierra Leone – 9%).
Policy: Free import/export (no restrictions).
Global Scenario
World reserves: ~31 BT (2022).
Major reserves: Guinea (24%), Vietnam (19%), Australia (16%), Brazil (9%).
India: ~2% of world reserves.
Top producers (2022): Guinea (26%), Australia (25%), China (19%), Brazil (9%), Indonesia (7%), India (6%).
Future Outlook (India)
Production to reach ~50.7 MT by 2027 (FITCH estimate).
Aluminium industry expanding due to:
Abundant bauxite reserves
Energy resources (coal-based power)
Skilled workforce
Demand drivers: Electric Vehicles, Aviation, Defence, Renewable Energy, Green Buildings, Consumer goods.
Aluminium critical for clean technologies & sustainable energy systems.
Source : Government of India, Ministry of Mines, Indian Minerals Yearbook 2023 Indian Bureau of Mines, Nagpur, January 2025. Issued by the Controller General, Indian Bureau of Mines.