Metals Slump No Hitch for New Rio Mine With 60% Profit Margin

  • Bauxite produced at $20 a ton may sell for $50: Deutsche Bank
  • China seen doubling bauxite imports in decade to make aluminum

The worst commodity slump since the global recession and a collapse in aluminum prices doesn’t mean there isn’t money to be made from digging up the bauxite ore used to produce the metal -- provided you have the right kind of mine.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.