ABx Group Limited Stock Market Press Releases and Company Profile
Major Shipments Underway from Bell Bay Tasmania
Major Shipments Underway from Bell Bay Tasmania

Sydney, Oct 23, 2017 AEST (ABN Newswire) - Loading of the next two bauxite cargoes of bauxite producer, Australian Bauxite Limited (googlechartASX:ABX) (ABx) commenced at Berth 6, Bell Bay Port, Tasmania on 21st October. The ship, MV Marianna is scheduled to depart on 24th October. Ship scheduling and associated logistics in making the cargoes available have gone smoothly, with ABx delivering the two cargos weeks ahead of deadlines.

All product testing essential for safe shipment is complete with excellent results and shipper declarations have been presented as required. Product sampling during loading is being done by ABx as part of its normal quality assurance process.

Survey of the ship's draft will determine the final cargo loading. The initial 30,000 tonnes of blended Mixed Grade Bauxite (Product 04.100) plus an additional 5,000 tonnes of Cement-grade bauxite (Product 04.15) that will be carried in separate holds on the same ship. This multiple cargo operation demonstrates ABx's ability to supply customers with different specifications tailored to their needs.

Mine Site Operations

Stornoway Projects Pty Ltd carried out the specialist operations at the Bald Hill Bauxite Project mine site, including an important product assembly procedure that allows the blending of product to customer's specification. Bald Hill was the first new bauxite mine in Australia for more than 30 years.

Land Transport Arrangements

Dave Wagner & Son Pty Ltd has delivered the bauxite from the mine stockpile to port of Bell Bay ahead of schedule. Wagners transported the previous bauxite shipments and works well with all stakeholders.

Port Arrangements

QUBE Logistics at Bell Bay provides the stevedoring services and the stockpiling arrangements, in conjunction with TasPorts.

ABx considers this consistent handling to be the best way to assure the tight quality controls that ABx wishes to be known for in the market. Inspections by two customers' agents confirmed this.

Our customers appreciate that:

ABx bauxite is the best favour they can do for themselves and their cement plant.

This sale is a continuation of ABx's ongoing business, which is due to be expanded by additional purchasing from several offshore centres, subject to appropriate currency exchange rates.

Fertiliser Sales Increased

ABx's sales into the fertiliser industry have ramped up to satisfy customer demand over the summer period. This continues to be modest but valuable business supplying local industry.

To view figures, please visit:
http://abnnewswire.net/lnk/D4487QVV


About ABx Group Limited

Australian Bauxite Ltd ASX:ABXABx Group Limited (ABx) (ASX:ABX) started as a bauxite miner in Tasmania in 2014 & controls the Eastern Australian Bauxite Province. In 2020 to 2023, ABx also discovered Australia’s only true ionic adsorption clay Rare Earth Elements resource at Deep Leads in pine plantations 40km west of Launceston with a JORC-compliant resource of 89 million tonnes from only 29% of the mineralised outline, averaging 844 ppm total rare earth oxides that is the most enriched in the critically important rare earths, Dy and Tb, of any Australian REE deposit. 

ABx has also developed a proprietary technology to produce fluorine chemicals from an aluminium smelter waste product and return the fluorine back into the smelters, thus reducing reliance on imported aluminium fluoride. 

ABx has committed a large proportion of its expenditure into Research and Development and has found ways to capitalise on the main strengths of its bauxite type which is very clean, free of all deleterious elements and can be separated into different product streams using physical, chemical and geophysical methods.  It has produced and marketed specialist bauxite products for the manufacturers of fertiliser, cement with high late strength for major infrastructure such as bridges and is in the advanced stages of approvals for production of metallurgical bauxite from its Binjour Bauxite deposit with JORC-compliant resources of 37 million tonnes of bauxite, in a joint development with a Chinese-focussed Australian trading company Good Importing International. 

ABx is also preparing to produce fertiliser grade and cement grade bauxite from its DL130 bauxite quarry in northern Tasmania, 40km west of Launceston.  This quarry is sited in the middle of the large Deep Leads REE deposit and may one day be a site for heap leaching of the REE using a low-cost, benign leachate with the same acidity as apple juice or tea. 

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

Ian Levy
CEO and MD
Australian Bauxite Limited
T: +61-2-9251-7177
M: +61-407-189-122
E: corporate@australianbauxite.com.au



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