Capital expenditure in the local alumina industry totalled ~US$18.28 million in Q3 2025, registering an increase of 18.0% from the preceding quarter and growth of 70.1% YoY, underscoring strong investment momentum. Expenditure in the sector was driven by ongoing infrastructure projects, such as mud-stacking expansion and haul road upgrades, alongside continued investment focused on asset reliability and modernization.
Year-to-date capital outlay amounted to ~US$31.42 million, up 60.8% over the same period in 2024, supported by the bauxite/alumina companies’ project rollouts and consistent investment activity.
Capital Expenditure (US$) – Local Bauxite/Alumina Sector
| Company | Q2 2025 | Q3 2025 | % Change Q3 vs Q2 | Q3 2024 | % Change 2025/2024 |
|---|---|---|---|---|---|
| Total | 15,494,580 | 18,283,757 | 18.0% | 10,746,285 | 70.1% |
| YTD FIGURES | 31,424,096 | 19,538,930 | 60.8% |



