Bauxite Resources Limited (ASX:BAU) And Yankuang Corporation To Sign Agreement For Future Modern Alumina Refinery
Australian resources company Bauxite Resources Limited (ASX:BAU) (PINK:BXRDF) is pleased to announce that it will enter into a further Heads of Agreement with its long term Chinese partner, Yankuang Corporation, to complete a bankable feasibility study for the design and construction of a modern refinery in the southwest of Western Australia to refine Darling Range bauxite into alumina. The further Heads of Agreement requires shareholder and regulatory approval.