Sourcing bauxite for smelters a challenge

April 23, 2007 Filed Under: Bauxite Mining, Mining Stocks  

Finding enough bauxite sources to feed the upcoming aluminium smelters in the Gulf will be a challenge as the region begins to emerge as a major producer of the metal. Availability of cheaper energy has encouraged new investment in aluminium production in the region. Power is responsible for roughly one-fourth of a smelter’s operating costs, while alumina supplies account for 45 per cent. Aluminium...