The development of these markets is still in a preliminary phase and operations will not begin before 2007. |
The quality of the bauxite is lower than the top grades in Australia, but it's much better than those in China. |
This also means introducing corporate governance in line with international practice. |
To meet the challenge of stable (raw material) supplies we believe the solution is to invest in countries with abundant bauxite resources, like Australia. |
We have a market share of about 50 percent now in China and would like to keep it at between 45 and 50 percent in the next five years. |
We hope, in the long term, the parent company will not compete with the listed company. |
We need the bauxite very much. |