chinese demand for bauxite

Below are some snippets from BAU's Qtrly Report - it supports the "strong Chinese demand for bauxite" story.
full report -> http://www.mineweb.com/mineweb/view/mineweb/en/page674?oid=58225&sn=Detail

Executive Summary

CHINA TRIP
Bauxite Resources Ltd (BRL) board delegation to China follows up on business enquiries and approaches made directly to BRL and indirectly to the WA State overnment Department of Industry and Resources (DOIR) in China.

FOREIGN INTEREST IN BRL
BRL in discussions with Asian interests on potential bauxite off‐take, joint venture and direct investment opportunities.

Interest expressed in other minerals potential in BRL's extensive ~9,400 km2 tenement areas.

China Delegation

In April this year, BRL sent a four member delegation to China to follow up on various approaches made directly to the company and to the West Ausralian State Government, Department of Industry and Resources (DOIR) representatives in China, relating to bauxite and alumina off‐take investment and joint venture opportunities.

The information obtained on the trip was highly informative and gave the delegation an enlarged perspective of the China growthstory and how this specifically relates to the bauxite and alumina industries. Furthermore, the discussions, briefings and presentations on the trip have generated a high level of interest in the Company and its projects.

ASIAN BAUXITE DEMAND UPDATE

•BRL's business case continues to be supported by strong Chinese demand for bauxite.

• Bauxite maintains price rises gained in the first quarter of 2008.

• Aluminium price rises approximately 25% this year.

•China's consumption of aluminium quadrupled - now accounting for 22% of total world consumption.

· China reportedly experiencing major bauxite supply issues.