Capital Expenditure
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Capital Expenditure

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%

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