Aurum Exploration Fiji delays shipment as global demand of bauxite falls

The 70,000 tonnes of bauxite worth $1.4 million remains stockpiled in Nawailevu, Bua.

Aurum Exploration (Fiji) Ltd executive Derek Qiu confirmed there were no plans to ship the ore as global demand for it was still low.

"The stockpile remains there and is still 70,000 tonnes as work progress slows down at this stage," he said. "We don't have any plans of when the next shipment will leave because the situation has not changed. But most probably by next month we should know of when our next shipment will be."

Mr Qiu said even though work had slowed down at the sites in Bua, they had ensured to keep their workers busy with other tasks.

In an earlier report, Mr Qiu had said 50 per cent of mining operations around the world would close down if the slump persisted. He had also said so far this year, only two shipments had been sent across to China compared with the six to seven shipments previously.

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.