Bauxite Resources Limited was a leading mineral company in Australia bauxite; recently, the company announced the latest progress of ALCORE project.
The ALCORE project aimed to develop a bauxite ore dressing and refining technology for the production of aluminum fluoride from bauxite. ALCORE would also produce Core thane material, a hydrocarbon that could be used as a natural gas substitute, and could provide energy for the proposed ALCORE production plant.
At present, the Australian Bauxite Resources Limited has a US$2.05 million cash available. The company has no credit lines for operating funds and no immediate financing plan.
Australia's Bauxite Resources Limited announces the latest progress in the ALCORE project
15 Dec 2017 12:47 reported by Eva
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