MELBOURNE (Reuters) - Australia's Queensland state government has rejected proposals from Swiss giant Glencore Xstrata and a local firm to mine bauxite, fearing that neither would develop the mine swiftly enough to benefit the local indigenous community.
The state opened the Aurukun deposit to bids in late 2012, attracting interest from five companies, including Rio Tinto, and receiving final bids from Glencore and Australian Indigenous Resources Pty Ltd (AIR).
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