University of Queensland, Australia. 10 August
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Posted On: 02/20/2018 1:24:11 AM
University of Queensland, Australia.
10 August 2016; New green method could unlock Queensland bauxite deposits.
University of Queensland research has collaborated with global mining company Rio Tinto to investigate a new way to process bauxite which adds value to the ore and significantly reduces the mine’s environmental impact.
“The current process wastes a lot of other minerals and creates bauxite residue, the new method we’re developing has environmental benefits and financial benefits, as the by-products can be sold.”
Thanks to an Advance Queensland Grant and the partnership with Rio Tinto, the University say the technology could be rolled out in Queensland within five years.
Queensland Bauxite Ltd (QBL.AX) has a sweet spot - they have a very large deposit (-s) and area to mine from; will they keep it and start a mining operation - or sell with good profit to Rio Tinto/other ?
Read More: https://investorshangout.com/post/view?id=494...z57cvBjHp8
10 August 2016; New green method could unlock Queensland bauxite deposits.
University of Queensland research has collaborated with global mining company Rio Tinto to investigate a new way to process bauxite which adds value to the ore and significantly reduces the mine’s environmental impact.
“The current process wastes a lot of other minerals and creates bauxite residue, the new method we’re developing has environmental benefits and financial benefits, as the by-products can be sold.”
Thanks to an Advance Queensland Grant and the partnership with Rio Tinto, the University say the technology could be rolled out in Queensland within five years.
Queensland Bauxite Ltd (QBL.AX) has a sweet spot - they have a very large deposit (-s) and area to mine from; will they keep it and start a mining operation - or sell with good profit to Rio Tinto/other ?
Read More: https://investorshangout.com/post/view?id=494...z57cvBjHp8
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