In accordance with the requirements of Listing Rule 3.1 Australian Bauxite Ltd (
Mr Ian Levy, CEO is making the presentations.
Melbourne - 24 October 2017 - 2:00pm
Grand Hyatt Hotel Melbourne, Victoria
Sydney - 26 October 2017- 9:05am
Radisson Blu Hotel Sydney, New South Wales
The public are welcome to attend the presentations.
Ian Levy will be providing an overview on the development of bauxite beneficiation and refining technology to produce Aluminium Fluoride used in aluminium production and in lithium ion batteries, as reported briefly in the June Quarterly Report released on 28 July 2017. A patent application was lodged on 5 June 2017.
Key points include:
- an engineering firm has begun final designs and costings for the Stage 1 plant design. Due end Feb'18; and
- ABx will continue wide consultations before making and announcing final funding strategies which must create value for ABx shareholders.
ABx has no current plans for capital raisings.
To view the presentation, please visit:
http://abnnewswire.net/lnk/62LK7O8X
About ABx Group Limited
ABx Group Limited (ABx) (ASX:ABX) is a uniquely positioned Australian company delivering materials for a cleaner future.
The three priority projects are:
- Heavy rare earths: Supplying light and heavy rare earths from Tasmania into Western supply chains
o Processing Options Analysis conducted in partnership with external experts
- Clean fluorine chemical production: Producing industrial chemicals from aluminium smelter by-product (ALCORE)
o Continuous pilot plant under construction in Bell Bay, Tasmania
- Near-term bauxite production: Mining bauxite resources for the aluminium, cement and fertiliser industries
o Agreements executed with Good Importing International for bauxite projects in Queensland and New South Wales, and $2.7 million initial payment has been received
o Approvals well advanced for DL130 bauxite project in northern Tasmania
ABx endorses best practices on agricultural land and strives to leave land and environment better than we find it. We only operate where welcomed.
Contact
Ian LevyCEO and MD
Australian Bauxite Limited
T: +61-2-9251-7177
M: +61-407-189-122
E: corporate@australianbauxite.com.au
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