CEO Presentation TechKnow Roadshow
Sydney, Oct 24, 2017 AEST (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 Wales
The public are welcome to attend the presentations.
Ian Levy will be providing an overview on the development of bauxite beneficiation and refining technology to produce Aluminium Fluoride used in aluminium production and in lithium ion batteries, as reported briefly in the June Quarterly Report released on 28 July 2017. A patent application was lodged on 5 June 2017.
Key points include:
- an engineering firm has begun final designs and costings for the Stage 1 plant design. Due end Feb'18; and
- ABx will continue wide consultations before making and announcing final funding strategies which must create value for ABx shareholders.
ABx has no current plans for capital raisings.
To view the presentation, please visit:
http://abnnewswire.net/lnk/62LK7O8X
About Australian Bauxite Ltd
Australian 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.
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