BEIJING (Asian Metal) 25 Oct 24
IB2 Bauxite Co., a French company, plans to start the construction of a bauxite concentrate extraction plant in Shanxi of China from the middle of this November, with the processing capacity of 700,000tpy, a source from the company reported to Asian Metal.
“We plan to build a bauxite concentrate extraction plant in Shanxi of China and the construction will start from the middle of next month,” said the source, adding that the crude bauxite Al/Si<3.0 processing capacity would reach 700,000tpy which could produce 500,000tpy of bauxite concentrate Al/Si>9.0. They could expand the processing capacity to 3 million tonnes per year two years later.
The plant, located in Liulin of Shanxi, might launch production by May 2025. They will supply bauxite concentrate to Liulin Senze Coal & Aluminum Co. a producer of alumina with the production capacity of 1.6 million tonnes per year.
Mainstream prices for Chinese origin bauxite Al2O3 58%min Al/Si=5.0 in north China remain at current RMB600-620/t (USD84-87/t) Ex-VAT delivered, stable from late last week. For the strong alumina market, the demand for bauxite in China keeps firm now.
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