Bauxite reserves of 120 mln tons found in China's Guangxi province

China's Ministry of Commerce said that it has found 120 mln tons of new bauxite reserves in southern Guangxi province. In a statement published on its website, the ministry said that the new reserves, which are located in Chongzhou in the southern region of Youjiang, has a very high-quality of bauxite, a raw material for making aluminum. No further details were given. Currently, the proven reserves of bauxite in Guangxi are about 1 bln tons, making the province one of the country's biggest bauxite sources, the ministry added.