Emerging bauxite producer, Australian Bauxite is pleased to announce that it has made an application in conjunction with its marketing partner, Rawmin for a Regional Jobs and Investment grant for the commencement of the Binjour Bauxite Project in the Wide Bay Burnett region of central Queensland for the following purposes: Project title and [...]
Australian Bauxite provides the Company's Quarterly Report and Activity Statement for Three Months to 30 June, 2017. Group available cash as at 30 June 2017 was $1.1 million. ABx has adequate unused lines of credit for working capital as and when required. ABx held its annual general meeting and all resolutions put to the meeting were passed on a [...]
Emerging bauxite producer, Australian Bauxite is pleased to announce that its next bauxite sale has been confirmed as follows: - Tonnage: 30,000 tonnes +/- 10% (ie. 33,000 tonnes maximum) - Product: Cement-grade bauxite, blended to the customer's specification - Source of Bauxite: Bald Hill Bauxite Project, Campbell Town, Northern Tasmania [...]
Australian Bauxite and its marketing partner, Rawmin Mining and Industries Pvt. Ltd (Rawmin) commenced a review in late May of ABx's bauxite resources around Binjour totalling 28 million tonnes (see resources details in Appendix in the link below). Binjour is located 115kms from the export port of Bundaberg which is similar scale to the port used [...]
Over the past 18 months Australian Bauxite has increased its capacity to supply cement-grade bauxite whilst remaining ready to sell metallurgical grade bauxite when prices improve. ABx's range of bauxite products can be sold into Asia, India, Middle East, North America and Australasia, specialising in the low-alkali high late strength cement-grade [...]
Current trends in the metallurgical grade Chinese markets are encouraging (see the link below) and Australian Bauxite is beginning to engage with potential customer refineries - but current prices still need to rise a bit yet. In the meantime, ABx will grow its bauxite business by supplying cement-grade bauxite for making high-strength cement and [...]
Australian Bauxite has received a letter of intent for a significant shipment of cement grade bauxite from its Bald Hill Bauxite Project near Campbell Town, northern Tasmania. ABx marketing and logistics officers are in discussions with the customer's senior officers about delivery arrangements. The customer has requested confidentiality. After a [...]
Australian Bauxite is pleased to provide the attached material being presented at the RIU Sydney Resources Round Up being held at the Sofitel Sydney Wentworth Hotel on 10 & 11 May, 2017. Mr Ian Levy, CEO is making the presentation at 4:10 pm on 11 May, 2017. Shareholders and the public are welcome to attend our exhibition and presentation. ABx [...]
Australian Bauxite is pleased to provide the Company's March 2017 Quarterly Activities Report. Corporate - Current group available cash is $1.40 million. ABx has lines of credit for working capital as and when required. - ABx has 121,300 tonnes of bauxite stocks ready for sale and has received 6 expressions of interest in long-term offtake sales [...]
Australian Bauxite is pleased to provide the Company's Annual Report to shareholders for the year ended 31 December, 2016. CHAIRMAN'S REVIEW 2016 Over the past 12 months ABx has extended its capacity to supply cement-grade bauxite into Australasian and international markets whilst remaining ready to sell metallurgical grade bauxite when the [...]
Australian Bauxite is pleased to provide an exploration update. High quality refractory-grade bauxite discovered inland of Port Kembla ABx has discovered a layer of refractory-grade bauxite in Penrose state pine forest, adjacent to the Hume Highway, 90 kilometres from Port Kembla. Refractory-grade bauxite is used for heat containment and abrasives [...]
Australian Bauxite is pleased to provide the Company's Quarterly Activities Report for three months ended 31 December, 2016. PRINCIPAL POINTS Corporate The available cash for the current group is $1.75 million. ABx has lines of credit for working capital as and when required. No capital raisings are planned in the foreseeable future. ABx has [...]
