Australia Expected to Dominate Bauxite Exports to China
PERTH, AUSTRALIA--July 10, 2014--Researched by Industrial Info Resources Australia (Perth, Australia)--China's demand for bauxite is expected to increase dramatically, since the Indonesian government said in January that it would cease all exports of unprocessed ore, including bauxite. Statistics show that Indonesia supplied more than 68% of China's purchases in 2013, which is nearly 42 million metric tons, and the race is on for Australian companies to fill the void.
Within this article: Cape Alumina Limited's (ASX:CBX) Bauxite Hills Project and Australian Bauxite Limited's (ASX:ABX) Binjour mine, including capacities, and closure of Rio Tinto's (ASX:RIO) Gove site.
