Bauxite Mining In Australia
Bauxite mining in Australia is an economically significant industry both for Australia and globally. The industry focuses on the mining of bauxite, the primary raw material for Aluminium oxide, alumina and aluminium. Australia is the world's largest bauxite producer, producing almost a third of global bauxite. Bauxite is mined in Australia using Open-pit mining, open-cut mining, which suits the relatively shallow bauxite Ore, deposits located mostly in Western Australia and Queensland. Mined bauxite is either exported or Refining (metallurgy), refined domestically into alumina. The large majority of domestic bauxite and alumina is exported to China.Mitchell, D., & Prakash, S. (2018). Freightline 7 – Australian aluminium industry freight transport. Retrieved from https://www.bitre.gov.au/sites/default/files/Freightline_07.pdf Australia produced approximately 102 million tonnes of bauxite in the 2018-19 year from seven main bauxite mining, mines generating about $3.3 billion AUD ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Australia
Australia, officially the Commonwealth of Australia, is a sovereign ''Sovereign'' is a title which can be applied to the highest leader in various categories. The word is borrowed from Old French , which is ultimately derived from the Latin , meaning 'above'. The roles of a sovereign vary from monarch, ruler or ... country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. With an area of , Australia is the largest country by area in Oceania and the world's sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a megadiverse country, and its size gives it a wide variety of landscapes and climates, with deserts in the centre, tropical Forests of Australia, rainforests in the north-east, and List of mountains in Australia, mountain ranges in the south-east. The ancestors of Aboriginal Australians began arriving from south east Asia approx ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Topsoil
Topsoil is the upper layer of soil. It has the highest concentration of organic matter and microorganisms and is where most of the Earth's biological soil activity occurs. Description Topsoil is composed of mineral particles and organic matter and usually extends to a depth of 5-10 inches (13–25 cm). Together these make a substrate capable of holding water and air which encourages biological activity. There are generally a high concentration of roots in topsoil since this is where plants obtain most of their vital nutrients. It also plays host to significant bacterial, fungal and entomological activity without which soil quality would degrade and become less suitable for plants. Bacteria and fungi can be essential in facilitating nutrient exchange with plants and in breaking down organic matter into a form that roots can absorb. Insects also play important roles in breaking down material and aerating and rotating the soil. Many species directly contribute to the healt ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Alcoa World Alumina And Chemicals
Alcoa World Alumina and Chemicals is a joint venture between Alumina Limited (40% share) and Alcoa (60% share) and is abbreviated to AWAC. AWAC's business is the mining of bauxite, the extraction of alumina ( aluminium oxide) and the smelting of aluminium. It has about 25% of the global alumina market. Alcoa acts as the day-to-day manager. Australian operations Alcoa has two smelters in Victoria, located at Portland and Point Henry in Victoria. It has three alumina refineries in Western Australia, located at Kwinana Beach, Pinjarra and Wagerup, and two bauxite mines at Huntly and Willowdale, also in Western Australia. Portland smelter The Portland smelter produces about 360,000 tonnes of aluminium a year, and is Victoria's largest single exporter. Point Henry smelter The Point Henry smelter commenced full production on April 4, 1963. It has a production capacity of 185,000 tonnes of aluminium a year. March 20, 1969, saw Alcoa's own brown coal-fired Anglesea Power Statio ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Aluminium Division Of Rio Tinto
Rio Tinto Alcan is a subsidiary of Rio Tinto, based in Montreal. It was created on 15 November 2007 as the result of the merger between Rio Tinto's Canadian subsidiary and Canadian company Alcan. It is the global leader of aluminium mining and production, above its one time parent Alcoa (from which it split in 1928), Rusal and some Chinese public companies. History Founded in 1902 as the Canadian unit of Alcoa, it was spun off in 1928. R.E. Powell left Alcoa to become Vice President of the Aluminium Company of Canada (later Alcan) in Montreal, was President from 1937 to 1957 and was then Chancellor of McGill University from 1957 to 1964. Alcan has gone through several name changes: * Northern Aluminum Company Limited – 1902 * Aluminum Company of Canada Limited – 1925 * registers the name Alcan – 1945 * added French name Aluminium du Canada, Limitée – 1965 * introduce the use of the name Alcan Aluminium Limited in English and Alcan Aluminium Limitée 1966; later use ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Exchange Rate
In finance, an exchange rate is the rate at which one currency will be exchanged for another currency. Currencies are most commonly national currencies, but may be sub-national as in the case of Hong Kong or supra-national as in the case of the euro. The exchange rate is also regarded as the value of one country's currency in relation to another currency. For example, an interbank exchange rate of 114 Japanese yen to the United States dollar means that ¥114 will be exchanged for or that will be exchanged for ¥114. In this case it is said that the price of a dollar in relation to yen is ¥114, or equivalently that the price of a yen in relation to dollars is $1/114. Each country determines the exchange rate regime that will apply to its currency. For example, a currency may be floating, pegged (fixed), or a hybrid. Governments can impose certain limits and controls on exchange rates. Countries can also have a strong or weak currency. There is no agreement in the ec ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Economic Growth
Economic growth can be defined as the increase or improvement in the inflation-adjusted market value of the goods and services produced by an economy in a financial year. Statisticians conventionally measure such growth as the percent rate of increase in the real gross domestic product Gross domestic product (GDP) is a money, monetary Measurement in economics, measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjec ..., or real GDP. Growth is usually calculated in real terms – i.e., real vs. nominal in economics, inflation-adjusted terms – to eliminate the distorting effect of inflation on the prices of goods produced. Measures of national income and output, Measurement of economic growth uses National accounts, national income accounting. Since economic growth is measured as the annual percent change of gross domestic product (GDP), it has all the advantag ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Economy Of China
The People's Republic of China has an upper middle income developing mixed socialist market economy that incorporates economic planning through industrial policies and strategic five-year plans. —Xu, Chenggang. "The Fundamental Institutions of China’s Reforms and Development." Journal of Economic Literature, vol. 49, no. 4, American Economic Association, 2011, pp. 1076–151, . —Nee, Victor, and Sonja Opper. "Political Capital in a Market Economy." Social Forces, vol. 88, no. 5, Oxford University Press, 2010, pp. 2105–32, . —Shue Tuck Wong & Sun Sheng Han (1998) Whither China's Market Economy? The Case of Lijin Zhen, Geographical Review, 88:1, 29-46, —Gregory C. Chow (2005) The Role of Planning in China's Market Economy, Journal of Chinese Economic and Business Studies, 3:3, 193-203, —HUA, HUANG. "The Market Economy in China." Security Dialogue, vol. 24, no. 2, Sage Publications, Ltd., 1993, pp. 175–79, . —Chow, Gregory C. "Development of a More Market-Orien ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Price
A price is the (usually not negative) quantity of payment or compensation given by one party to another in return for goods or services. In some situations, the price of production has a different name. If the product is a "good" in the commercial exchange, the payment for this product will likely be called its "price". However, if the product is "service", there will be other possible names for this product's name. For example, the graph on the bottom will show some situations A good's price is influenced by production costs, supply of the desired item, and demand for the product. A price may be determined by a monopolist or may be imposed on the firm by market conditions. Price can be quoted to currency, quantities of goods or vouchers. * In modern economies, prices are generally expressed in units of some form of currency. (More specifically, for raw materials they are expressed as currency per unit weight, e.g. euros per kilogram or Rands per KG.) * Although ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Demand
In economics, demand is the quantity of a good that consumers are willing and able to purchase at various prices during a given time. The relationship between price and quantity demand is also called the demand curve. Demand for a specific item is a function of an item's perceived necessity, price, perceived quality, convenience, available alternatives, purchasers' disposable income and tastes, and many other options. Factors influencing demand Innumerable factors and circumstances affect a consumer's willingness or to buy a good. Some of the common factors are: The price of the commodity: The basic demand relationship is between potential prices of a good and the quantities that would be purchased at those prices. Generally, the relationship is negative, meaning that an increase in price will induce a decrease in the quantity demanded. This negative relationship is embodied in the downward slope of the consumer demand curve. The assumption of a negative relationship is reaso ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Historical Data For Bauxite Mining In Australia Table
History (derived ) is the systematic study and the documentation of the human activity. The time period of event before the invention of writing systems is considered prehistory. "History" is an umbrella term comprising past events as well as the memory, discovery, collection, organization, presentation, and interpretation of these events. Historians seek knowledge of the past using historical sources such as written documents, oral accounts, art and material artifacts, and ecological markers. History is not complete and still has debatable mysteries. History is also an academic discipline which uses narrative to describe, examine, question, and analyze past events, and investigate their patterns of cause and effect. Historians often debate which narrative best explains an event, as well as the significance of different causes and effects. Historians also debate the nature of history as an end in itself, as well as its usefulness to give perspective on the problems of the p ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Economic
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain curre ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Refinery
A refinery is a production facility composed of a group of chemical engineering unit processes and unit operations refining certain materials or converting raw material into products of value. Types of refineries Different types of refineries are as follows: * oil refinery, Petroleum oil refinery, which converts crude oil into Octane rating, high-octane motor spirit (gasoline/petrol), diesel oil, liquefied petroleum gases (LPG), kerosene, heating fuel oils, hexane, lubricating oils, bitumen and petroleum coke * Cooking oil#Refinement, Edible oil refinery which converts cooking oil into a product that is uniform in taste, smell and appearance, and stability *Natural gas processing plant, which purifies and converts raw natural gas into residential, commercial and industrial fuel gas, and also recovers natural gas liquids (NGL) such as ethane, propane, butanes and pentanes * Sugar refinery, which converts sugar cane and sugar beets into crystallized sugar and sugar syrups * Salt re ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |