Honbridge signs deal to purchase bauxite from Geely Technology
2025-02-06 14:50:17 [Print]
On January 27, Honbridge Holdings Limited and Geely Technology Group entered into a bauxite purchase framework agreement, pursuant to which Geely Technology shall sell and deliver, or procure the sale and delivery of bauxite to Honbridge, and Honbridge shall purchase bauxite from Geely Technology, under agreed terms and conditions.
Geely Technology Group is engaged in various businesses, including the sale of bauxite related products under its new materials business segment. It received ownership and mining rights in a bauxite mine in Baise, Guangxi with an estimated annual production capacity of two million tonnes of bauxite.
Geely Technology Group is engaged in various businesses, including the sale of bauxite related products under its new materials business segment. It received ownership and mining rights in a bauxite mine in Baise, Guangxi with an estimated annual production capacity of two million tonnes of bauxite.
Bauxite 60%min, Al/Si 5.0, Ex-VAT Delivered China
Unit:RMB/mt
Africa bauxite producers' sales to production ratio statistics by country by month
Unit: %
