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Provider: Thomson Reuters Stock Report
Provider: Thomson Reuters Stock Report
Provider: MacroRisk Analytics/EconomicInvestor
Provider: Reuters Investment Profile

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Rio Tinto PLC, Aluminum Corp Of China Ltd, Glencore International PLC Vie To Mine Bauxite In Australia-Reuters

Wednesday, 24 Apr 2013 02:59am EDT 

Reuters reported that Rio Tinto PLC, Aluminum Corp Of China Ltd and Glencore International PLC are among five companies short-listed by Australia to mine vast bauxite deposits in the country that have been left dormant for decades. The three firms have each applied for leases to exploit bauxite deposits in the Aurukun district of Queensland state, where reserves are considered sufficient to support production of 6.5 million tonnes per year, the Queensland state government said. The candidates, which also include Australian Indigenous Resources and Cape Alumina Consortium, have until mid-September to submit detailed mining proposals, according to a statement by Jeff Sweeney, Queensland's deputy premier. 

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