Sangaredi mine Archives | The American Ceramic Society

Sangaredi mine

Rio Tinto sells, China expands African bauxite holdings

By / October 13, 2009

According to TradingMarkets.com, Rio Tinto is selling its 80 percent stake in Ghana’s only bauxite mine to Chinese minerals group Bosai, the company said on Monday. CTT has been reporting on alleged price gouging and monopolization of bauxite by Bosai. Price constraints on certain grades of bauxite have created difficult conditions, particularly for U.S. refractory…

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