Australian Bauxite currently sells bauxite into cement and fertiliser markets at prices higher than could be achieved in the over-supplied metallurgical bauxite market. There have been developments in the metallurgical bauxite market in the last few days which indicate that the metallurgical bauxite market could worsen further due to a glut of new [...]
Australian Bauxite Announce the Quarterly Report September 2016 with the following significant highlights. Corporate - Current group available cash is in the order of $2.4 million. ABx also has lines of credit available for working capital as bauxite shipments increase strongly in 2017. No capital raisings are planned in the foreseeable future [...]
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 RIU Resources Investor Roadshow in Sydney and Melbourne. Mr Ian Levy, CEO is making the presentation. The public are welcome to attend the presentations. Sydney - Tuesday [...]
Sydney, Australia (ABN Newswire) - Australian Bauxite Ltd. (ASX:ABX) (ABx) is selling bauxite into fertiliser and cement markets at prices higher than the currently over-supplied metallurgical bauxite market. ABx's sales of Cement-Grade bauxite in 2016 to date total 42,005 tonnes. Fertiliser-grade bauxite sales are naturally seasonal and [...]
Australian Bauxite are pleased to provide the Company's Half Yearly Report and Accounts for the half-year ended 30 June 2016. REVIEW OF OPERATIONS Corporate - In May 2016, at ABx's AGM, all resolutions put to the meeting were passed on a show of hands. Approval given by shareholders to issue 662,423 shares to the Non-Executive directors in lieu [...]
Australian Bauxite Fingal Rail Bauxite Project in northern Tasmania has proven to be ideal for production of cement-grade bauxite for rail transport and export from Bell Bay Port. Cement-grade bauxite resources for the Fingal Rail Bauxite Project total 6.3 million tonnes 1 which is a 5-fold increase compared with its maiden resource estimate of [...]
Australian Bauxite second shipment, comprising 35,913 tonnes of cement-grade bauxite has been loaded and the ship has departed Bell Bay Port in northern Tasmania, thus concluding the second and largest sale of bauxite from ABx's Bald Hill mine - the first new bauxite project in Australia for more than 35 years which has reopened ahead of schedule [...]
Australian Bauxite and its operations contractor, Stornoway, have made arrangements to restart the Bald Hill Bauxite Project at Campbell Town, Northern Tasmania on 8 August 2016 t o continue with routine rehabilitation and t o commence assembling the next 3 bauxite lots for sale, including a large ship load, planned for shipping in late Spring [...]
Australian Bauxite Quarterly report & activities statement dated 24 July 2016 for 3 months to 30 June 2016. PRINCIPAL POINTS Corporate - Current group available cash plus R&D incentive due is in the order of $2.9 million - Annual general meeting held, all resolutions passed - Approval given by shareholders to issue 662,423 shares to the [...]
Australian Bauxite is selling bauxite into fertiliser and cement markets at prices higher than the currently over-supplied metallurgical bauxite market. ABx's maiden shipment of 5,557 tonnes occurred on 28 April and a second sale of 5,000 tonnes was announced on 31 May. ABx is pleased to announce it has concluded a large new sale contract for [...]
Australian Bauxite maiden shipment of 5,557 tonnes of cement-grade bauxite has been loaded overnight and the ship has left Bell Bay Port in northern Tasmania, thus concluding the first sale of bauxite from ABx's Bald Hill mine - the first new bauxite project in Australia for more than 35 years. The customer is seeking a second, larger shipment of [...]
Australian Bauxite 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 & Tasmania exceed 5,000 km2 and were rigorously selected for (1) good quality bauxite; (2) near infrastructure connected to export ports; & (3) free of [...]