Page 12 - Bauxite Resources Annual Report 2013

The likely impact is that Australia and Africa will be required
to supply the bulk of the increased Chinese bauxite import
demand and that the price of bauxite will increase to reflect
the long run marginal cost of production which is predicted by
CRU to stay in the $65-70/t range in the longer term.
The Company is well placed to supply this market with
a resource base presently in excess of 250 million tonnes
situated close to existing rail and port infrastructure. Bauxite
Resources Ltd has the largest JORC resource of all junior bauxite
participants in Australia and has the potential to become one of
the leading developers of bauxite in the coming years.
10 Bauxite Resources Annual Report 2013