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Distributed: July 8, 2011

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Sydney, July 8, 2011 (ABN Newswire) - CONFERENCE VIDEO: PART 2: Australian Bauxite (ASX:ABZ) Jacob Rebek, Chief Geologist and Founder of ABx presents to the Financial Markets at Investorium.tv in Sydney's Premier Jazz venue, the Basement.

Chief Geologist Jacob Rebek outlines the history and value of ABx bauxite and the high quality of the material that can be used as "sweetener" for aluminium refineries. The high quality bauxite has been nicknamed "brown sugar".

Australian Bauxite Limited is an exploration company that holds the core of the Eastern Australian Bauxite Province with 29 tenements in Queensland, New South Wales, Victoria and Tasmania covering over 7,000 km2 - all selected on three firm principles:

- Quality - good quality bauxite with potential for significant resource tonnages;
- Proximity - easy access to infrastructure connected to export ports; and
- Accessibility - 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 significant bauxite deposits and new discoveries continue as knowledge and expertise develops.

ABx bauxite is high quality and can be processed into alumina at low temperature - the type that is in short supply globally. At the company's first drilling prospect in Inverell (northern New South Wales) a maiden resource of 22 million tonnes has been reported from drilling less than 10% of the identified bauxite deposit. Australian Bauxite Limited aspires to identify bauxite resources in excess of 200 million tonnes in one of the world's best bauxite provinces.

To View the Full WebCast, please visit:
http://www.abnnewswire.net/press/en/68295/jacob-rebek


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About Australian Bauxite Limited

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.

About Investorium.tv

Investorium.tv is a Video Streaming and Live Financial Industry Event featuring CEOs of Public Companies held at Premier Venues in New York, Vancouver and Sydney. Investorium.tv records and video streams the events on "state of the art" digital recording and webcasting equipment, making high definition broadcast quality productions available to Members and the professional investment community.

Contact

Australian Bauxite Ltd
p: +61-2-9251-7177
f: +61-2-9251-7500

  Related Companies

>>>         Australian Bauxite Limited
>>>              Investorium.tv

  Related Industry Topics:

Financial General | Mining | Bauxite | 

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