By David Lea
An in-depth survey of the main commodities of the realm * Profiles each one commodity intimately * presents in-depth records on creation * contains a useful listing Contents: * Introductory essays * Covers all significant agricultural and mineral items together with aluminium, coal, cotton, nickel, petroleum, bananas, rice, rubber, tea, espresso, tobacco, wheat, traditional fuel, soybeans, zinc, lead and phosphates * each one commodity is profiled intimately with details on actual visual appeal, heritage, makes use of, significant markets, tendencies well-liked, significant importers and exporters * Statistical information of modern degrees of construction at an international and person state point * fresh traits in costs with indexes of export costs * A listing of corporations interested by commodities.
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The country has extensive bauxite deposits in Western Australia, the Northern Territory and Queensland. Owing to the availability of bauxite and alumina (Australia’s bauxite reserves, estimated at 3, 800m. 8% of the world’s identified reserves), and of low-cost power (vast coal resources), the country provides a desirable location for aluminium smelters. 8m. tons of primary aluminium in 2000. Alcoa of Australia, the world’s largest alumina-producing company, operates one of these smelters, together with two bauxite mines and three alumina refineries.
In such a situation, the government of a country can undertake food-price stabilization policies in order to protect the food security of the poor. One such action would be to release all or part of any food stocks that it may hold and/ or import food in order to bolster supply in the country and thereby stabilize food prices. However, if (as is often the case) the government does not have any/adequate food stocks and/or is unable to import sufficient quantities of food to meet the domestic shortfall, then the country would face a food security problem in the form of rising prices.
However, in early 1999, with international prices of aluminium at their lowest for about five years (see below), plans for the Trinidad smelter project were postponed. Guinea possesses more than one-quarter of the world’s known bauxite reserves, and is the world’s leading exporter of bauxite, ranking second only to Australia in terms of ore production. 7% of its external revenue in 1998. Some Guinean bauxite ore, which is of very high grade, is domestically processed into alumina, and some Guinean alumina is exported to Cameroon for refining.
Agricultural and Mineral Commodities Year Book by David Lea