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Distributed: Feb 18, 2010

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Sydney, Feb 18, 2010 (ABN Newswire) - Australian Bauxite CEO Ian Levy speaks with Brian Carlton at the Symposium Resources Roadshows in Sydney.

Australian Bauxite Limited (ABx) (ASX:ABZ) is an Australian exploration company that was admitted to the Official List of the Australian Stock Exchange on 21 December 2009. ABx was formed specifically for the purpose of acquiring the bauxite interests of Hudson Resources Limited; increasing the value of the portfolio through a staged development program in each of three bauxite provinces which will include exploration sampling, drill testing & analyses from a wide range of targets on all exploration tenements; resource definition drilling and bauxite metallurgical testwork on the more advanced prospects.

The ABx project tenements consist of seventeen exploration tenements granted or under application covering over 5,000 sq kms of ground considered prospective for bauxite; 3,477 sq kms in NSW and 1,617 sq kms in Queensland.

The bauxite deposits are located close to existing transport and other infrastructure, close to coal mines, industrial centres and ports on the east coast of Australia.

View video:
http://www.abnnewswire.net/multimedia/en/62306/Ian-levy

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