SOURCE: Industrial Info Resources

Industrial Info Resources

October 20, 2014 06:15 ET

Australia's Bauxite Industry on the Rise, an Industrial Info News Alert

PERTH, AUSTRALIA--(Marketwired - Oct 20, 2014) - Researched by Industrial Info Resources Australia (Perth, Australia) -- Global alumina prices have hit their highest levels since September 2011, and are showing no signs of stalling. The increasing demand for bauxite is predicted to intensify as alumina refiners in China, India and the Middle East ramp up production. At the same time, the market has seen major reductions in bauxite exports from India, and a ban on exports by Indonesia -- and Australian producers are in an ideal position to supply the growing demand.

Within this article: Information on the South of Embley project by Rio Tinto (NYSE:RIO), the Bauxite Hills project by Cape Alumina Limited, and projects by Australian Bauxite Limited.

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