LONDON, Aug 9 (Reuters) – London copper on Wednesday morning touched a high of 6,515 per tonne, a price level last seen in December 2014.
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Bauxite is a naturallyoccurring ore from which alumina and aluminium are produced. Australia is the world''s largest producer of bauxite, with five mines in Western Australia, the Northern Territory and Queensland. In 201415 Australia exported million tonnes of bauxite worth around 934 million in exports.
Australia is the world''s largest producer of bauxite, representing 32% of global production in 2011. The bauxite resources at Weipa in Queensland (Qld) and Gove in the Northern Territory (NT) have average grades between 49 and 53% Al2O3 and are amongst the world''s highest grade deposits.