Australian Bauxite Ltd (ASX:ABX) Targeting Emerging Bauxite Markets

Sydney, May 11, 2017 AEST (ABN Newswire) - Australian Bauxite Ltd (ASX:ABX) is pleased to provide the attached material being presented at the RIU Sydney Resources Round Up being held at the Sofitel Sydney Wentworth Hotel on 10 & 11 May, 2017.

Mr Ian Levy, CEO is making the presentation at 4:10 pm on 11 May, 2017.

Shareholders and the public are welcome to attend our exhibition and presentation.

ABx Bauxite Production Started in Tasmania

- First mine started in Tasmania
o Strong community & government support Good infrastructure already in place Ports open all year
o Targeting operating margins of A$10 to A$25 per tonne

- Total Resources 124 million tonnes
o More than 10 viable mines in QLD, NSW & Tasmania

Bauxite Markets

Bauxite is a benign dry "ironstone" gravel with many uses, including:

1. Metallurgical bauxite for aluminium industry
- + 100 million tonnes pa traded globally
- Currently depressed & oversupplied (cyclical) = low profitability

2.Cement-grade bauxite demand is fastest growing market (profitable prices)
- 25 million tonnes pa of cement-grade bauxite traded, growing fast
- ABx's bauxite helps make corrosion-resistant, late-strength cement
- Salt-free, quartz-free & helps cement kilns operate smoothly
- 'ABx bauxite is the best thing you can do for your cement kiln'(customer)

3.Fertiliser-grade bauxite to make superphosphate from rock phosphate
- ABx bauxite used to make granules for single superphosphate

4.BAUXITE REFINING TO PRODUCE ALUMINIUM FLUORIDE
- Increases the value of its bauxite tenfold, capitalising on the clean chemistry of ABx bauxite and the hydro-electricity and skills in Tasmania.

BinjourProject, Queensland: Biggest/Best Deposit

- Largest, highest grade new trihydrategibbsite bauxite project in Pacific Basin28 million tonnes @ +44% Al2O3defined to date & new discoveries found
- Potential partner visiting site late May

To view the full presentation, please visit:
http://abnnewswire.net/lnk/1W7K2873


About ABx Group Limited

ABx Group Limited (ABx) (ASX:ABX) is a uniquely positioned Australian company delivering materials for a cleaner future.

The three priority projects are:

- Heavy rare earths: Supplying light and heavy rare earths from Tasmania into Western supply chains

o Processing Options Analysis conducted in partnership with external experts

- Clean fluorine chemical production: Producing industrial chemicals from aluminium smelter by-product (ALCORE)

o Continuous pilot plant under construction in Bell Bay, Tasmania

- Near-term bauxite production: Mining bauxite resources for the aluminium, cement and fertiliser industries

o Agreements executed with Good Importing International for bauxite projects in Queensland and New South Wales, and $2.7 million initial payment has been received

o Approvals well advanced for DL130 bauxite project in northern Tasmania

ABx endorses best practices on agricultural land and strives to leave land and environment better than we find it. We only operate where welcomed.

   

Contact

Ian Levy CEO and MD Australian Bauxite Limited T: +61-2-9251-7177 M: +61-407-189-122 E: ilevy@australianbauxite.com.au