Australian Bauxite Limited

 

Feb 10, 2012

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Australian Bauxite Limited Company Summary

 Australian Bauxite Limited (ABx) (ASX:ABZ) holds the core of the newly discovered Eastern Australian Bauxite Province. Its 37 bauxite tenements in Queensland, NSW and Tasmania covering 8,500 km2 were rigorously selected on 3 principles: 1. good quality bauxite; 2. proximity to infrastructure connected to export ports; and, 3. free of socio-environmental or native title land constraints.

All tenements are 100% owned and free of obligations for processing and third-party royalties. ABx has already discovered many bauxite deposits and new discoveries are still being made as knowledge and expertise grows.

The company's bauxite is high quality and can be processed into alumina at low temperature – the type that is in short-supply globally. Global resources declared to date are 68 million tonnes. At the company's first drilling prospect in Inverell, northern NSW, an interim resource of 35 million tonnes has been reported from drilling 15% to 20% of the area prospective for bauxite and a resource of 25 million tonnes of bauxite has been reported at the Taralga project in southern NSW. 6 million tonnes maiden resource was declared at Guyra. Results from the Binjour Plateau in central QLD confirm that ABx has discovered a significant bauxite deposit including some bauxite of outstandingly high quality. Australian Bauxite Limited aspires to identify large bauxite resources in the Eastern Australian Bauxite Province which is emerging as one of the world's best bauxite provinces.

ABx has the potential to create significant bauxite developments in three states - Queensland, New South Wales and Tasmania. Its bauxite deposits are favourably located for direct shipping of bauxite to both local and export customers.
 

DIRECTORS / OFFICERS

 
Peter J Meers BA (Economics) FAIB
Chairman
Peter Meers has broad business experience across a range of industries including consumer, commercial and investment banking, securities trading and origination, mining and exploration and building materials. He is CEO of Tiaro Coal Limited, a subsidiary of Hudson. Mr. Meers held senior executive positions and portfolio management roles in agribusiness, mining, property and trade finance during a career spanning 25 years with ANZ Bank in Australia and Asia. Past directorships include appointment on company boards in Malaysia, Indonesia and Singapore. Mr Meers is Executive Chairman of Hudson.
Ian Levy BSc (Hons) MSc DIC FAusIMM FAIG
Managing Director
Ian Levy has thirty years senior management experience with small to large mining companies, including WMC, Pancontinental Mining, Gympie Gold and CEO of Allegiance Mining, involving development of bauxite, gold, coal, base metals, nickel and industrial minerals projects from discovery to marketing. He is Chairman of Dynasty Metals Australia and a former Director of Gloucester Coal. He was a member of the Joint Ore Reserves Committee (JORC) for 11 years including 4 years as Vice Chairman and Federal President, Australian Institute of Geoscientists.
Rado Jacob Rebek
Director & Chief Geologist
Jacob Rebek is an Australian geologist with forty years experience in exploration. From 1970 to 2003 he worked for CRA and Rio Tinto in various parts of Australia and overseas. His roles included that of exploration manager for Papua New Guinea in 1970’s, South Australia and Northern Territory from 1981 to 1984, Eastern Australia from 1987 to 1993 and Exploration Director for South America from 1997 to 2000. He led teams which discovered new zinc, copper and gold deposits. Since 2003 he worked for emerging companies, generating new projects. In 2006 he started working for Hudson as Chief Geologist and led the small team which discovered the bauxite deposits.
Vincent Tan BCom and Admin CA
Non-Executive Director
Vincent Tan is a chartered accountant and has over the past 35 years worked in a range of industries, including insurance, securities trading, finance and property. Mr Tan has held senior management positions in a number of public and non-government organisations and has broad experience in corporate structuring.
Wei Huang BEcon MCom
Non-Executive Director
Wei Huang graduated with a Bachelor of Economics from Macquarie University and a Master of Commerce from University of New South Wales. He is a member of CPA Australia. He has experience in financial control, new business start ups and development within the mining, construction, financial services, and retail and textile industries both in Australia and overseas. Mr Huang also has extensive experience in promoting and facilitating two-way investment between China and Australia and is familiar with the business cultures of both China and Australia.
 

ANNUAL REPORT

 
 

PRESENTATIONS

 
 
 

COMPANY DATA

 
Company Headquarters Level 2, Hudson House 
    131 Macquarie Street 
    Sydney, NSW 2000 
    Australia 
Company Telephone +61-2-9251-7177 
Company Fax +61-2-9251-7500 
Company Principal Sector Materials 
Company Principal Industry Mining & Metals 
Company Listed 21 December 2009 
Company Homepage www.australianbauxite.com.au
 

Key Developments: Australian Bauxite Limited
 Australian Bauxite Limited (ASX:ABZ) Drilling Confirms 30 Metres True Thickness of Bauxite at Taralga, NSW
FEB 9, 2012 09:04 - Article Views: 139
Emerging bauxite exploration and development company, Australian Bauxite Limited (ASX:ABZ) has drilled 4 new vertical holes TG677 to TG680 around hole TG626 at Mt Rae which, in December 2011, discovered the company's then record thickest high-grade bauxite intersection - possibly one of the thickest bauxite intersections in Australia. Thicker bauxite was found.
 Australian Bauxite Limited (ASX:ABZ) ABZ Board Room Radio CEO Interview
JAN 31, 2012 08:45 - Article Views: 234
Australian Bauxite Limited (ASX:ABZ) ABZ Board Room Radio CEO Interview
 Australian Bauxite Limited (ASX:ABZ) Announce 28 Metre Thick High Grade Bauxite Discovered at Taralga, NSW
JAN 30, 2012 08:37 - Article Views: 412
Emerging bauxite exploration and development company, Australian Bauxite Limited (ASX:ABZ) has received laboratory results from its December 2011 drilling campaign at Taralga near Goulburn, southern NSW. Results from hole TG626 at Mt Rae and several nearby holes confirmed the discovery of the company's thickest high-grade bauxite intersection - possibly one of the thickest bauxite intersections in Australia.
 Australian Bauxite Limited (ASX:ABZ) Appoints John Dawkins as Director
DEC 7, 2011 13:23 - Article Views: 508
Australian Bauxite Limited (ABx) (ASX:ABZ) is pleased to announce the appointment of Mr Dawkins A.O. as an independent Director to the Board.
 Australian Bauxite Limited (ASX:ABZ) to Present at Mining 2011 Resources Convention
OCT 27, 2011 11:54 - Article Views: 676
Australian Bauxite Limited (ASX:ABZ) says today Mr Levy will be presenting at the Mining 2011 Resources Convention at 5:10 pm today.
 Australian Bauxite Limited (ASX:ABZ) Radio Interview - High Grade Bauxite Resource and Strategic MOU with Marubeni (TYO:8002)
OCT 17, 2011 10:45 - Article Views: 732
Australian Bauxite Limited (ASX:ABZ) advises that it has released a webcast with CEO Ian Levy.
 Australian Bauxite Limited (ASX:ABZ) Announce 16.8 Million Tonnes Maiden Binjour Resource
OCT 12, 2011 10:22 - Article Views: 628
Emerging bauxite exploration and development company, Australian Bauxite Limited (ASX:ABZ) has discovered a thick layer of very high quality bauxite at its Binjour project in central QLD. The bauxite lies beneath a clay horizon. Results from 88 holes into the bauxite are generally exceptionally high grade, thick gibbsite bauxite, ideal as a "sweetener" to any bauxite refinery. ABx refers to such high grade bauxite as "Brown Sugar" which commands a large price premium.
 Australian Bauxite Limited (ASX:ABZ) Concludes Memorandum of Understanding with Marubeni Corporation (TYO:8002) for Goulburn-Taralga Bauxite Project Pre-Feasibility Study
OCT 6, 2011 09:14 - Article Views: 848
Australian Bauxite Limited (ASX:ABZ) (ABx) and Marubeni Corporation (TYO:8002) (Marubeni) have concluded a Memorandum of Understanding to jointly conduct a pre-feasibility study in relation to the Goulburn-Taralga bauxite project located in New South Wales, Australia.
 Australian Bauxite Limited (ASX:ABZ) Extended High Grade Brown Sugar Bauxite at Binjour Project Over a Wide Area
SEP 19, 2011 10:07 - Article Views: 815
Emerging bauxite exploration and development company, Australian Bauxite Limited (ASX:ABZ) has received laboratory results from drilling at its Binjour project in central QLD.
 Australian Bauxite Limited (ASX:ABZ) Announce 6 Million Tonne Maiden Bauxite Resource at Guyra Project
AUG 15, 2011 10:10 - Article Views: 931
Emerging bauxite exploration and development company, Australian Bauxite (ASX:ABZ) has discovered a thick layer of bauxite at its Guyra project in northern NSW. The bauxite lies near surface beneath a thin clay horizon. Results from 71 holes into the bauxite include some exceptionally high grade, thick gibbsite bauxite, ideal as a "sweetener" to any bauxite refinery.

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Company Reports

  • Australian Bauxite Limited (ASX:ABZ) Ken Boundy Appointed Alternate Director  Click to Download
  • Australian Bauxite Limited (ASX:ABZ) Initial Director`s Interest Notice  Click to Download
  • Australian Bauxite Limited (ASX:ABZ) Change of Director`s Interest Notice  Click to Download
  • Australian Bauxite Limited (ASX:ABZ) Release of Escrow Securities  Click to Download
  • Australian Bauxite Limited (ASX:ABZ) Change of Director`s Interest Notice  Click to Download
  • Australian Bauxite Limited (ASX:ABZ) Change of Director`s Interest Notice  Click to Download
  • Australian Bauxite Limited (ASX:ABZ) Quarterly Activities Report  Click to Download
  • Australian Bauxite Limited (ASX:ABZ) Quarterly Cashflow Report  Click to Download
  • Australian Bauxite Limited (ASX:ABZ) Mining Conference 2011 - Presentation by CEO  Click to Download
  • Australian Bauxite Limited (ASX:ABZ) Amended - Change of Director`s Interest Notice  Click to Download
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