MKY mky resources ltd

China aluminium giant looks to tropics for refineryThursday,...

  1. 500 Posts.
    China aluminium giant looks to tropics for refinery

    Thursday, 26/06/2008

    A Chinese aluminium company is considering setting up a $2.2 billion dollar refinery near Bowen on North Queensland's coast.

    Chalco is also investigating a bauxite mine near Aurukun on Cape York Peninsula.

    Whitsunday mayor, Mike Brunker, says a memorandum of understanding was signed between the Queensland Government and Chalco this week.

    "I had visions of us all going to Brisbane and the chairman of Chalco getting up and saying the 'winner is Bowen', but that's not the case," he says.

    "So whichever way they want to do it, I'm quite happy that we've been picked in first place."
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.