One man show, All Australian Aluminium smelters source their alumina from the Gladstone Bauxite ( Ex Weipa) to Alumina plant. All Aluminium Fluoride is presently imported, the majority from sources other than China at a cost of around US $1850 per tonne. As stated in the Alcore presentation ABX will be able to convert the Alumina content of its Bauxite (AUD$50 per tonne) into Aluminium Fluoride for around AUD $300 per tonne resulting in a massive competitive advantage over imported material. All other co-products (none of which are apparently aluminium industry based) are produced within this budget at 100% profit.
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