Iron Mountain plans low-cost bauxite supply to China
Published: Wednesday, 13 July 2016
The company is aiming to keep costs down through a straightforward shipping operation with no processing involved and predicts that the global bauxite market will recover by the time the facility reaches production.
Australian miner Iron Mountain Mining Ltd plans to set up a
bauxite extraction operation in the Solomon Islands to supply
Chinese alumina smelters.
In order to maintain an economical profile of the operation
and keep costs down, the company is not planning to set up a
mineral processing facility, but...