Australian Bauxite Ltd Stock Market Press Releases and Company Profile
33,400 tonne Bauxite Shipment Despatched from Bell Bay Port, Tasmania
33,400 tonne Bauxite Shipment Despatched from Bell Bay Port, Tasmania

Sydney, Aug 20, 2020 AEST (ABN Newswire) - Australian Bauxite Limited (googlechartASX: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 Australian Bauxite Ltd

Australian Bauxite Ltd ASX:ABXAustralian Bauxite Limited (ABx) (ASX:ABX) has its first bauxite mine in Tasmania & controls the Eastern Australian Bauxite Province. ABx's 11 bauxite tenements in Queensland, New South Wales & Tasmania totalling 662 km2 are all 100% owned, unencumbered & free of third-party royalties. ABx's bauxite is gibbsite trihydrate (THA) bauxite that can be processed into alumina at low temperature.

ABx has committed a large proportion of its expenditure into Research and Development to find ways to capitalise on the main strengths of its bauxite type which is very clean, free of all deleterious elements and partitioned into layers, nodules, particles and grains of different qualities that can be separated into different product streams using physical, chemical and geophysical methods.

ABx has declared large Mineral Resources in northern NSW, southern NSW, Binjour in central QLD & in northern Tasmania.

ABx's first mine commenced at Bald Hill near Campbell Town, Tasmania in 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 and has created significant bauxite development projects 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.

abnnewswire.com 


Contact

Ian Levy
CEO and MD
Australian Bauxite Limited
Telephone: +61-2-9251-7177
Mobile: +61-407-189-122



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