http://www.metrocoal.com.au
bauxite,
Phone:
Address:
Cnr Lytton Road and Strafford St, East Brisbane, QLD, 4169
State: Cnr Lytton Road and Strafford St, East Brisbane, QLD, 4169
Email:
The Bauxite Hills port and mine project is located five kilometres southeast of the Skardon River port and 95 kilometres north of Weipa, on the Cape York Peninsula, in northern Queensland. The area surrounding the Bauxite Hills project site, on the western side of the Cape York Peninsula, is renowned around the world for its high quality, high grade bauxite deposits.
The coming on line of the Bauxite Hills Project is encouraged by reports that the Government of India is about to increase its export tax on bauxite from 10 percent to 20 percent and reports that the Middle East, China and India are about to increase demand for alumina owing to their rising consumption and production of aluminium. As a result of an expected increased in the demand and supply of alumina it is also expected to bring with it a corresponding increase in the bauxite price in coming periods.
The Cape Alumina company was acquired by MetroCoal Limited in November, 2014. MetroCoal Limited is an Australian coal mining company that has several thermal coal mining projects in Queensland's Surat Basin. The purchase of Cape Alumina's Bauxite Hills project also gives MetroCoal exploration permits in the western Cape York Peninsula covering around 1,900 square kilometres. The only other company with larger exploration tenements in the area is Rio Tinto Alcan.