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Chinese aluminium giant Chalco still keen on Cape York

Thursday, Jul 05, 2012
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  CHINESE aluminium giant Chalco says it could bid again for the Aurukun bauxite deposits on the Cape York Peninsula after burning $100 million in an unsuccessful attempt to shore up a mine and alumina refinery before being stripped of the leases by the Queensland government last year.

  The Hong Kong-listed aluminium giant and other potential bidders are believed to be pressing the recently elected Newman government, which plans to auction tenements, to do more work on environmental, native title and infrastructure issues before calling for tenders.

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