Bauxite Resources Limited Stock Market Press Releases and Company Profile

View in Other Languages 澳大利亚铝土矿资源公司(ASX:BAU)报告铝土矿炼铝厂合资企业的最新动态 Bauxite Resources Limited (ASX:BAU) Bauxite Alumina Joint Ventures Update 澳大利亞鋁土礦資源公司(ASX:BAU)報告鋁土礦煉鋁廠合資企業的最新動態 
Bauxite Resources Limited (ASX:BAU) Bauxite Alumina Joint Ventures Update
Bauxite Resources Limited (ASX:BAU) Bauxite Alumina Joint Ventures Update

Perth, Oct 25, 2011 AEST (ABN Newswire) - Perth based bauxite explorer and developer, Bauxite Resources Limited (googlechartASX:BAU) is pleased to advise the completion of Phase 1 of the Bauxite Alumina Joint Ventures ("BAJV") Study for the development of an alumina refinery in the south west of Western Australia.

Phase 1 of the BAJV Study consisted of establishing the Joint Venture ("JV") company, forming a team of well skilled staff and obtaining sufficient geological data in the JV northern tenement to provide information for the refinery decision-making process. Further assay and resource modelling for northern tenements will be completed over the next three to six months.

Phase 2 will focus on geological exploration moving to the southern tenements. An internal draft refinery scoping study is complete along with a series of financial models to contribute towards Phase 2. The main objective of Phase 2 geological studies will be to gain sufficient data in the southern areas to assess the relative merits of a refinery located in either the northern or southern areas. This comparison will include the following factors:

- The likely relative quality and location of bauxite sources in each region

- The metallurgical variability of the different bauxite and mineralogy profiles

- The preferred bauxite/alumina process path

- Relative environmental and social issues

- Infrastructure requirements

- Relative economics

Since its inception, Mr Scott Donaldson, BRL's CEO, acted as CEO of the JV. With Phase 1 now complete, Mr Donaldson will step down as acting CEO of the JV and BAJV will operate separately from the parent companies with an independent General Manager reporting to BAJV board to be appointed. Mr Donaldson will now focus solely on his role as CEO of BRL.

About Bauxite Resources Limited

Bauxite Resources ASX:BAUBauxite Resources (ASX:BAU) (OTCMKTS:BXRDF) was established with a substantial tenement holding in Western Australia to develop new bauxite supply for the global alumina/aluminium industry. The Company listed on the Australian Securities Exchange (ASX) in October 2007.

The Darling Range in the south-west of Western Australia (WA) is the world's largest bauxite mining and alumina refining region producing around 20% of the world's alumina. This area has mined bauxite and refined alumina since the 1960s. These industries are leaders in sustainable resource development and represent the fifth largest sector of WA's resource industry.

abnnewswire.com 


Contact

Scott Donaldson
Chief Executive Officer
Bauxite Resources Limited
Tel: +61-8-9200-6300
http://www.bauxiteresources.com.au



ABN Newswire
ABN Newswire This Page Viewed:  (Last 7 Days: 7) (Last 30 Days: 31) (Since Published: 5020) 

View in Other Languages 503550204675 (14730)

googlechart