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Natural Gas $ 3.809 / Btu -6.67%
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Micro Gold Futures $ 4452.4 / ozt 1.90%
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Chalco drops $2.4bn Australian bauxite plan

The Business of Mining - thebusinessofmining.com | July 03, 2010 | 8:43 am Energy Coal 

“Chalco, the second-largest aluminium producer, has pulled out of a A$3bn (US$2.4bn) deal to develop a bauxite refinery in Australia, blaming a drop in aluminium prices and difficult global conditions. The Hong Kong-listed subsidiary of Aluminium Corporation of China won...

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