Bauxite trends
As promised, this week I resume discussion of the bauxite industry in the context of Guyana’s extractive mineral resources export dependence. My plan is to report first on the economic performance of bauxite as a sub-sector and following that, transition the discussion to a brief presentation of the basic profile of the mining and quarrying sector, as derived from Guyana’s national accounts tables.
Table 1 below provides a broad indication of the performance of bauxite production since 1980 (over selective years). The Table shows these data separately for calcined and dried bauxite, as the two product markets, although related, respond sufficiently different to their unique market circumstances, therefore warranting their