21 JUNE 2011www.steelguru.com
Rusal vets Fiji for alternative bauxite
Edited by : AL CIRCLE
1 min read
Mr Oleg Deripaska's Rusal, the world's biggest aluminum producer, has given Rio Tinto food for thought on the future mix of bauxite supplies to their Queensland Alumina Limited JV at Gladstone in Queensland.
Rusal has thrown up the potential for Fiji to become a new source of bauxite to cover its needs at the 20% owned operation in which Rio Tinto owns the remaining 80%.
In meetings this week with Fiji's Ministry of Lands and Mineral Resources, a Rusal delegation said that the Russian group wanted to explore potential bauxite mining and export opportunities in the country.
QAL is now wholly supplied by bauxite from Rio Tinto's Weipa and Ely operations in Queensland with the only other regional choice for Rusal being Rio Tinto's Gove operation in the Northern Territory. Generally, 4 to 6 tonnes of bauxite are consumed in the making of a tonne of aluminum. Rio's control of Australia's north-eastern bauxite and alumina industry became complete in 2007 with its acquisition of Canada's Alcan.
Rusal has thrown up the potential for Fiji to become a new source of bauxite to cover its needs at the 20% owned operation in which Rio Tinto owns the remaining 80%.
In meetings this week with Fiji's Ministry of Lands and Mineral Resources, a Rusal delegation said that the Russian group wanted to explore potential bauxite mining and export opportunities in the country.
QAL is now wholly supplied by bauxite from Rio Tinto's Weipa and Ely operations in Queensland with the only other regional choice for Rusal being Rio Tinto's Gove operation in the Northern Territory. Generally, 4 to 6 tonnes of bauxite are consumed in the making of a tonne of aluminum. Rio's control of Australia's north-eastern bauxite and alumina industry became complete in 2007 with its acquisition of Canada's Alcan.
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