Australian Bauxite has made significant progress with its ALCORE project which is the development of bauxite beneficiation and refining technology to produce the high-value Aluminium Fluoride used in aluminium smelters and Lithium Ion batteries. ALCORE will also produce Corethane ultra-pure hydrocarbon that can substitute for natural gas, diesel, heating and industrial applications. ALCORE's progress is meeting the [...]
Australian Bauxite provides the Company's Quarterly Activities Report for three months to 31 March 2018. Corporate - Group available cash at the end of the quarter was $1.45 million and now stands at about $1.47 million. - ABx has lines of credit for working capital, if required, and has no current plans for capital raisings. Sales & Operations Sales of 1,412 tonnes of bauxite was concluded in the quarter as part of a [...]
Australian Bauxite provides the Company's 2017 Annual Report. REVIEW OF OPERATIONS This Review of Operations covers the 12 month period to 31 December 2017. Australian Bauxite is an emerging bauxite producer and exploration company listed on the Australian Securities Exchange on 24 December 2009. Its ASX code is ABX. ABx currently holds 18 bauxite tenements in New South Wales, Queensland and Tasmania covering 1,390 km2 [...]
Bauxite producer, Australian Bauxite has made significant progress with its ALCORE project which is the development of bauxite beneficiation and refining technology to produce the highvalue Aluminium Fluoride used in aluminium smelters and Lithium Ion batteries. ALCORE will also produce Corethane ultra-pure hydrocarbon that can substitute for natural gas, diesel, heating and industrial applications. ALCORE's progress is [...]
Australian Bauxite provides the Company's Quarterly Report and Activities Statement for the period ending 31 December, 2017. Corporate - Current group available cash at the end of the quarter was $1.94 million. - ABx has lines of credit for working capital, if required, and has no current plans for capital raisings. Sales & Operations - ABx loaded and shipped a combined 35,000 tonnes of cement-grade bauxite from the Bell [...]
Bauxite producer, Australian Bauxite is reporting progress on the ALCORE project in accordance with the schedule announced to the ASX on 13th November 2017. Highlights - Engineering firm appointed to design and cost the Engineering Validation Plant - Trade financing proposals suggests the 50,000tpa production plant can be largely financed - Discussions with governments and agencies are still progressing - Unexpected [...]
Bauxite producer, Australian Bauxite is pleased to announce that it has finalised a Heads of Agreement with technology provider, Refined Ore Industries Limited for the ALCORE project which is the development of bauxite beneficiation and refining technology to produce from bauxite Aluminium Fluoride which is used in aluminium production and in lithium ion batteries. ABx has assisted ROIL's commercial and technological [...]
Sydney, Australia (ABN Newswire) - Australian Bauxite Ltd. (ASX:ABX) provides the Company's Quarterly Report and Activity Statement for three months to 30 September 2017. Corporate - Current group available cash at the end of the quarter was $2.42 million and is currently $1.73 million after payment of product transport and port costs. - ABx has lines of credit for working capital if required and has no current plans [...]
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 [...]
Loading of the next two bauxite cargoes of bauxite producer, Australian Bauxite 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 [...]
Bauxite producer, Australian Bauxite has received the first part payment for its 30,000 tonne bauxite cargo totalling $1.73 million. The customer will pay the remainder on proof of weight via ship's survey in the coming weeks. This payment excludes the payment expected for an additional sale for 5,000 tonnes of a different cement-grade bauxite specification that will be carried in a separate hold in the same ship. This [...]
Bauxite producer, Australian Bauxite has completed the 30,000 tonne bauxite cargo and has invoiced the customer today. The customer will pay 90% of the invoice value immediately and the remainder on proof of weight via ship's survey. Because this delivery has been completed 3 weeks ahead of schedule, an additional sale for 5,000 tonnes of a different cement-grade bauxite specification has been agreed and will be carried [...]
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