GREY:WWEXF - Post by User
Post by
cloreenbaconskinon Jun 16, 2014 5:12pm
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Post# 22664715
A Metal Better Than Steel - Guinea is #1
A Metal Better Than Steel - Guinea is #1 25% of the world's bauxite is in Guinea.
https://www.moneymorning.com.au/20140612/a-metal-better-than-steel-the-new-steel.html
"The exciting ore I’m talking about is bauxite. It’s the world’s main source of aluminium. China is the world’s dominant producer of alumina and aluminium. It needs bauxite to kick those processes along. Because its domestic reserves are low quality and in short supply, China is a voracious consumer of imported bauxite"
From WAI's latest NR: "...
The report is expected to provide a resource estimate for three commodities - Iron Ore, Alumina and Silica."
WAI's value goes beyond just it's iron ore. The alumina on WAI's property could be even more valuable.