NEW TECHnology to process bauxite/aluminum.
University of Queensland, Australia.
10 August 2016; New green method could unlock Queensland massive 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 a few 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 miner.
Here you have the opportunity to take advantage on facts and info from QBL. Like the ”QBL on ASX” chapter, who can provide verified facts; here is also regulated on-line stockbrokers suggestion, no games info and a good sum up. (remember different timezones outside Australia, trade pre-start 7 AM in Sydney, local time, trade opens 10 AM)
Further information on following announcement, our most significant announcement to date. Explanation on the two acquisitions, for both MCL and Medcan. We now own 100% of these two businesses and moving forward.
https://www.queenslandbauxite.com/
University of Queensland, Australia.
10 August 2016; New green method could unlock Queensland massive 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 a few 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 miner.
Here you have the opportunity to take advantage on facts and info from QBL. Like the ”QBL on ASX” chapter, who can provide verified facts; here is also regulated on-line stockbrokers suggestion, no games info and a good sum up. (remember different timezones outside Australia, trade pre-start 7 AM in Sydney, local time, trade opens 10 AM)
Further information on following announcement, our most significant announcement to date. Explanation on the two acquisitions, for both MCL and Medcan. We now own 100% of these two businesses and moving forward.
https://www.queenslandbauxite.com/
Robert
