Australian Bauxite Ltd (ASX:ABX) is pleased to provide an exploration update. High quality refractory-grade bauxite discovered inland of Port Kembla ABx has discovered a layer of refractory-grade bauxite in Penrose state pine forest, adjacent to the Hume Highway, 90 kilometres from Port Kembla.
Australian Bauxite Ltd
Australian Bauxite Limited (ABx) (ASX:ABX) has started its first bauxite mine in Tasmania and holds the core of the Eastern Australian Bauxite Province. ABx's 37 bauxite tenements in Queensland, New South Wales and Tasmania exceed 5,000 km2 and were rigorously selected for (1) good quality bauxite; (2) near infrastructure connected to export ports; and (3) free of socio-environmental constraints. All tenements are 100% owned, unencumbered & free of third-party royalties.
ABx's discovery rate is increasing as knowledge, technology and expertise grows.
The Company's bauxite is high quality gibbsite trihydrate (THA) bauxite and can be processed into alumina at low temperature.
ABx has declared large Mineral Resources at Inverell and Guyra in northern NSW, Taralga in southern NSW, Binjour in central QLD and in Tasmania confirming that ABx has discovered significant bauxite deposits including some of outstandingly high quality.
In Tasmania, at Bald Hill, the Company's first bauxite mine commenced operations on schedule on 9 December 2014 – the first new Australian bauxite mine for more than 35 years.
ABx aspires to identify large bauxite resources in the Eastern Australian Bauxite Province, which is emerging as a globally significant bauxite province. ABx has created significant bauxite developments in 3 states - Queensland, New South Wales and Tasmania. Its bauxite deposits are favourably located for direct shipping of bauxite to both local and export customers.
ABx endorses best practices on agricultural land, strives to leave land and environment better than we find it. We only operate where welcomed.
Australian Bauxite Ltd (ASX:ABX) is pleased to provide the Company's Quarterly Activities Report for three months ended 31 December, 2016.
Australian Bauxite Ltd (ASX:ABX) (ABx) currently sells bauxite into cement and fertiliser markets at prices higher than could be achieved in the over-supplied metallurgical bauxite market.
ABx and contractor Stornoway have blended more than 33,000 tonnes of final product at the Bald Hill bauxite project in northern Tasmania to meet the exact specification of its next two customers. One sale is booked for December and the second sale booked for around year-end is awaiting completion of a 90-tonne bulk test to ensure that ABx bauxite produces cement that meets the highest standards.
In accordance with the requirements of Listing Rule 3.1 Australian Bauxite Ltd (ASX:ABX) submit the attached material being presented at the RIU Resources Investor Roadshow in Sydney and Melbourne.
Australian Bauxite Ltd (ASX:ABX) (ABx) is selling bauxite into fertiliser and cement markets at prices higher than the currently over-supplied metallurgical bauxite market. ABx's sales of Cement-Grade bauxite in 2016 to date total 42,005 tonnes.
Australian Bauxite Ltd (ASX:ABX) are pleased to provide the Company's Half Yearly Report and Accounts for the half-year ended 30 June 2016.
Australian Bauxite Limited (ABx)'s (ASX:ABX) Fingal Rail Bauxite Project in northern Tasmania has proven to be ideal for production of cement-grade bauxite for rail transport and export from Bell Bay Port.
Australian Bauxite Limited (ASX:ABX) (ABx) second shipment, comprising 35,913 tonnes of cement-grade bauxite has been loaded and the ship has departed Bell Bay Port in northern Tasmania, thus concluding the second and largest sale of bauxite from ABx's Bald Hill mine.
Australian Bauxite Ltd (ASX:ABX) and its operations contractor, Stornoway, have made arrangements to restart the Bald Hill Bauxite Project at Campbell Town, Northern Tasmania on 8 August 2016 t o continue with routine rehabilitation and t o commence assembling the next 3 bauxite lots for sale, including a large ship load, planned for shipping in late Spring.
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