Australian Bauxite Ltd (ASX:ABX) CEO Presentation at TechKnow Invest Roadshow
Sydney, Australia (ABN Newswire) - In accordance with the requirements of Listing Rule 3.1 Australian Bauxite Ltd. (ASX:ABX) submit the attached material being presented at the TechKnow Invest Roadshow in Melbourne and Sydney.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 Australian Bauxite Ltd:
Australian Bauxite Ltd. (ABx) (ASX:ABX) has started its first bauxite mine in Tasmania and holds the core of the Eastern Australian Bauxite Province. ABx's 37 bauxite tenements in Queensland, New South Wales and Tasmania exceed 5,000 km2 and were rigorously selected for (1) good quality bauxite; (2) near infrastructure connected to export ports; and (3) free of socio-environmental constraints. All tenements are 100% owned, unencumbered & free of third-party royalties.
ABx's discovery rate is increasing as knowledge, technology and expertise grows.
The Company's bauxite is high quality gibbsite trihydrate (THA) bauxite and can be processed into alumina at low temperature.
ABx has declared large Mineral Resources at Inverell and Guyra in northern NSW, Taralga in southern NSW, Binjour in central QLD and in Tasmania confirming that ABx has discovered significant bauxite deposits including some of outstandingly high quality.
In Tasmania, at Bald Hill, the Company's first bauxite mine commenced operations on schedule on 9 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, which is emerging as a globally significant bauxite province. ABx has created significant bauxite developments 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.
Source:
Australian Bauxite Ltd.
Contact:
Ian Levy CEO and MD Australian Bauxite Ltd. T: +61-2-9251-7177 M: +61-407-189-122 E: corporate@australianbauxite.com.au
