How does the Juruti deposit compare with other regions?
Most of the bauxite deposits in the world are located in tropical and sub-tropical regions. Australia has 30% of the world’s reserves of bauxite, followed by Brazil. With these deposits in Juruti, new investments are being channeled into the state. By the end of the decade it is estimated that the annual volume of bauxite production in the state will reach 30 million tons, almost double the initial capacity. Other countries have shown to be highly attractive for bauxite mining. Guinea, for example, which has enormous, but still only partially explored reserves, has already attracted investments from Alcoa itself and from Russia. The Chinese are also studying the reserves in that particular country.