Aldoga Aluminium Project to Benefit from Chinese Involvement

Australia’s Aldoga Aluminium smelter received a major boost today signing two agreements with China Nonferrous Metal Industry’s Foreign Engineering & Construction Co (NFC). The siging of the agreements coincided with the visit to Australia of China’s President Hu Jintao.

The first agreement will see NFC supply over AUD$770 million worth of equipment, technology and engineering to the project.

The second agreement will see the two companies work together to develop bauxite mining and refining opportunities.

The Aldoga Aluminium smelter located in Gladstone, will produce 560,000 tons of aluminium per year when it comes on line in 2006.

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