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C.R.A.

Conzinc idotinto of Australia, Ltd, will buy an interest in the Mitchell Plateau bauxite deposit from the Aiumax Bauxite Corporation, which found the large lowgrade deposit in 1970. CRA will take an immediate 10 per cent interest, with a 12month option to buy up to an extra 42.5 per cent, giving a maximum total of 52.5 per cent. It plans to make a feasibility study during thei 12-month option period to! establish costs and technical! requirements for a possible] development scheme.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19790718.2.140

Bibliographic details

Press, 18 July 1979, Page 23

Word Count
82

C.R.A. Press, 18 July 1979, Page 23

C.R.A. Press, 18 July 1979, Page 23