Research on the Supply Chain of Aluminum Anti-collision Beams for Automobiles

Research On The Supply Chain Of Aluminum Anti-collision Beams For Automobiles

Aluminum Wire Supplier Screening 

Cost Analysis of AL Extrusion for Target Units

Cost Analysis Of AL Extrusion For Target Units

Research on the Sustainable Development Layout of key Players(Foil, Roll, Plate)

Research On The Sustainable Development Layout Of Key Players(Foil, Roll, Plate)

Optimization of Purchasing Cost for Casting Alloys

Optimization Of Purchasing Cost For Casting Alloys

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Chalco May Can $2.5 bln Australia Mine Project -Paper

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SYDNEY, June 9 -- Aluminum Corp of China (Chalco) may be forced to call off its $2.5 billion Australian bauxite development project as a proposed mining tax would further erode its financial viability, the Australian Financial Review said.
Chalco (2600.HK: Quote) (601600.SS: Quote), the world's third largest alumina maker, had already struggled to make the project feasible due to rising costs, an oversupplied market and a requirement to build an expensive refinery in Queensland state, and the mining tax would add a further blow, the paper said on Wednesday citing industry sources.
Chalco, China's biggest aluminium producer, has three weeks left to submit a feasibility study for the project, including a 10 million tonne a year bauxite mine and a 2.3 million tonne a year alumina refinery.
If canned, Chalco's project will join eight developments worth A$55 billion that have been put on hold following the government's announcement of the 40 percent mining super profits tax, the paper said.
The proposed 40 percent tax has triggered a slump in the mining sector's confidence with the National Australia Bank sentiment readership on the industry falling from 34 points to 4 in just one month, it said.
 
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UPDATE 1-Hindalco Sees India Aluminium Demand Growth Surge

Chalco May Can $2.5 bln Australia Mine Project -Paper | Shanghai Non ferrous Metals

Chalco May Can $2.5 bln Australia Mine Project -Paper

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