Bauxite is one of the few minerals the USA didn’t luck into. I’m not sure how the economics of refining are currently structured in the tariffs but the USA simply can’t economically create aluminum from “scratch” the way it can produce almost everything else. The mineral ilmenite (titanium) is another example.
Bauxite is one of the few minerals the USA didn’t luck into. I’m not sure how the economics of refining are currently structured in the tariffs but the USA simply can’t economically create aluminum from “scratch” the way it can produce almost everything else. The mineral ilmenite (titanium) is another example.