33,400 tonne Bauxite Shipment Despatched from Bell Bay Port, Tasmania
Sydney, Aug 20, 2020 AEST (ABN Newswire) - Australian Bauxite Limited (
ASX:ABX) has completed the shipment of its most recent sale of 33,405 tonnes of cement grade bauxite from its Bald Hill bauxite mine near Campbell Town northern Tasmania.
Ship loading at Bell Bay port commenced at 1100 hrs 17th August and completed at 2100 hrs 19th August. The ship departed at 2300 hrs last night. Port operations were completed on schedule.
ABx acknowledges the professionalism and teamwork of QUBE Ports stevedore services, Monson Shipping agents, Briar Maritime ship surveys and TasPorts that made it happen.
ABx has remained focussed during the COVID-19 pandemic and secured sales contracts for fertilisergrade bauxite and cement-grade bauxite that totalled more than $2.5 million.
Mine production by Hazell Bros contractors and transporting to Bell Bay port by Dave Wagner & Son Pty Ltd was completed within budget before the recent cold spell in Tasmania and benefited from low fuel prices. The customer was also able to take advantage of shipping opportunities. The coordinated strategy has worked well for all concerned. ABx has long-standing relationships with experienced contractors that meet the strict specification targets and community expectations.
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About ABx Group Limited
ABx 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.
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