Back to our interesting line of business: BAUXITE. If Mining &...

Back to our interesting line of business: BAUXITE.

If Mining & Investments Pty Ltd (HDM) is not moving faster forward,
we should approach RIO TINTO once with regard to BAUXITE.

RIO TINTO: Lightweight and infinitely recyclable, aluminium is found in everything from jet engines to electric vehicles to mobile phones. It is the most abundant metal in the Earth’s crust, and one of the world’s fastest growing major metals. But we are only scratching the surface of the opportunities for aluminium to be a part of our everyday lives. For example, analysts predict the use of aluminium in lightweight cars and trucks in North America will increase by about 30% – from 177 kilograms per vehicle in 2015 to 227 kilograms in 2025. According to the Aluminium Stewardship Initiative (ASI), for every 10% reduction in the weight of a vehicle, fuel economy increases by about 7%. Over its lifetime, every kilogram of aluminium that replaces heavier materials in a car or light truck can save a net 20 kilograms of carbon dioxide emissions. Aluminium is made from bauxite, or aluminium ore. Bauxite is the basic raw material that is refined into alumina, which in turn is sent to smelters for processing into aluminium.

https://www.riotinto.com/products/Aluminium