Australia/Bangladesh: Australian Bauxite has negotiated a letter of intent with Bangladesh’s Aziz Group. As part of the agreement it will use Aziz Group as its agent to market cement-grade bauxite in the country. The deal will also see Australian Bauxite supply chemical-grade bauxite to Aziz Group for the manufacture of polyaluminum chloride to be used in the treatment of industrial waste water.
"There is a real opportunity for our well established trading and manufacturing relationships to be of significant support in the marketing of this specialised Australian Bauxite cement-grade bauxite. We look forward to jointly developing a good market base for real supply opportunities,” said Johnny Chowdhury, the chief executive officer (CEO) of Aziz Group
Australian Bauxite operates a bauxite mine in Tasmania. It also holds mining tenements in Queensland, New South Wales and Tasmania for future development.