Australian Bauxite Ltd Stock Market Press Releases and Company Profile
State One Stockbroking Analyst Report
State One Stockbroking Analyst Report

Sydney, Mar 19, 2012 AEST (ABN Newswire) - Australian Bauxite (googlechartASX:ABZ) Announce, consequent to the outstanding drilling results at Taralga, State One Stockbroking has set a price target of $1.26 for Australian Bauxite.

The complete Analyst Report an be accessed by clicking on the following link:
http://abnnewswire.net/lnk/ETOP97K3


About Australian Bauxite Ltd

Australian Bauxite Ltd ASX:ABXAustralian Bauxite Limited (ABx) (ASX:ABX) has its first bauxite mine in Tasmania & controls the Eastern Australian Bauxite Province. ABx's 11 bauxite tenements in Queensland, New South Wales & Tasmania totalling 662 km2 are all 100% owned, unencumbered & free of third-party royalties. ABx's bauxite is gibbsite trihydrate (THA) bauxite that can be processed into alumina at low temperature.

ABx has committed a large proportion of its expenditure into Research and Development to find ways to capitalise on the main strengths of its bauxite type which is very clean, free of all deleterious elements and partitioned into layers, nodules, particles and grains of different qualities that can be separated into different product streams using physical, chemical and geophysical methods.

ABx has declared large Mineral Resources in northern NSW, southern NSW, Binjour in central QLD & in northern Tasmania.

ABx's first mine commenced at Bald Hill near Campbell Town, Tasmania in 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 and has created significant bauxite development projects 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.

abnnewswire.com 


Contact

For further information please contact
Investor Relations, Henry Kinstlinger
Australian Bauxite Limited
Telephone: +61-2-9251-7177



ABN Newswire
ABN Newswire This Page Viewed:  (Last 7 Days: 5) (Last 30 Days: 18) (Since Published: 2837)