been reading it for years now they expect a huge shortage that will push the price up..some experts reckon it will be the next iron ore.
recents article i read state:
"Experts say world demand for bauxite will surge by 2011. They anticipate by then the current financial crisis will have eased and expect increased activity in housing construction and the manufacturing of automobiles and aircraft. All of those sectors require bauxite, the main raw material used to produce aluminum."
I have put my $$ on ORD. Have a read of this link about their LAOS project. http://www.ord.com.au/laos.aspx
second para: Initial exploration indicates that the Laos bauxite deposits may have the potential to support an industry, as large as Western Australia’s Darling Ranges’ deposits which produce 14% of the world’s alumina.
