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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (93190)	11/6/2007 10:56:43 AM
From: Snowshoe	Respond to of 206100

>>Aluminum needs bauxite which is found only elsewhere. Not in Iran.<< That doesn't matter. Aluminum smelting requires so much energy that the economics favor shipping bauxite long distances to the cheapest energy source. For example, bauxite is being shipped north from the Caribbean region to take advantage of the cheap abundant hydroelectric power in Iceland.

To: elmatador who wrote (93190)	11/6/2007 6:16:11 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 206100

ElM, as Snowy says, you ship the bauxite to the energy. New Zealand has hydroelectricity and neither bauxite nor much of an aluminium market, but bauxite is shipped to NZ, turned into alumunium metal, which is then shipped out. Iran is on the way to Europe, which needs energy and aluminium. Bauxite can be dug in Australia, carted to Iran, turned into aluminium, processed into finished or semi-finished products, then shipped to Europe, India, etc. Aluminium is a good way of shipping energy. Columbia Ventures built a smelter in Iceland, far from both bauxite and aluminium markets. Come to think of it, I know the bloke who built that. I'll suggest he build some aluminium smelters in Iran - I'm sure China would want the aluminium if Europe doesn't. China could put up the capital, he could put up the know-how, Iran could put up the gas, Australia could put up the bauxite, USA, China and Europe could buy the finished products. I have asked Tobago Jack to get the money together and arrange import of aluminium to China: Message 24031295 That's much better than a nuclear power station, an umpty $billion pipeline to India [which would be blown up regularly] and increased poverty. Belgium and Singapore did that sort of thing decades ago and they are high wealth countries made out of low wealth swamps. It's much better than wars too! Mqurice PS: I wonder if this is the biggest business deal ever arranged simply in cyberspace? It's certainly wide-spread = USA, Iceland, China, Hong Kong, Iran, Australia, NZ.