Chinese bauxite deposits have been diminishing for many years and will run down to a point where the grade is no longer good enough to be viable. The chinese have been increasing their ALUMINA imports to compensate for the decreasing local bauxite mining. Their local bauxite have always been very low quality and are getting lower. Their alumina refinies have been closing and they are switching to importing alumina. Alumina producers like CHALCO are investing in the own bauxite mines in Australia, Vietnam and Indonesia. I expect CHALCO will also refine the bauxite near their new mine sites and ship alumina to China rather than ship bauxite. (sea freight is same for both products, but you only ship half the amount in aluminia- a big cost saving)
- Forums
- ASX - By Stock
- world market pricing for bau
Chinese bauxite deposits have been diminishing for many years...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ASQ (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.469M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 69039 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 102423 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 69039 | 0.026 |
1 | 96881 | 0.025 |
3 | 190000 | 0.020 |
1 | 52600 | 0.019 |
1 | 55500 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 102423 | 1 |
0.030 | 319938 | 4 |
0.032 | 138511 | 2 |
0.033 | 2476 | 2 |
0.041 | 998 | 1 |
Last trade - 16.12pm 13/09/2024 (20 minute delay) ? |
Featured News
ASQ (ASX) Chart |
Day chart unavailable
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online