Australian Bauxite commenced production in December 2014 from its site at Bald Hill, Tasmania and has been selling into the cement and fertiliser industries, with its most recent sale amounting to 30,000 tonnes of bauxite and shipment scheduled to occur three weeks ahead of schedule, in April 2019. This was the first new bauxite project in Australia in more than 35 years when it commenced.

As of 2 April 2019 we have announced a Tripartite MOU with Tianshan Aluminium and Rawmin where we shall be supplying 0.5 to 1.5 million tonnes per year of bauxite from our Binjour project in Queensland.

In 2018 we increased our Binjour Bauxite Resource by 51% to 37 million tonnes, thus growing our company resources to 137 million tonnes. ABx considers its Binjour Project located 115km southwest of Bundaberg Port to be a discovery of a major bauxite province and slated to become the company's flagship project over the next 5 years. As of June 2019 bulk sampling and processing testwork at the Binjour Project was completed and assays are pending.

  Furthermore Australian Bauxite has been granted a global exclusive licence for a bauxite refining technology that produces aluminium fluoride as its main product, used in aluminium production and in lithium ion batteries and a suite of by-products from Tasmanian-type bauxite. Our fully owned subsidiary is named ALCORE. This suite of products are worth more than ten times their unrefined value per tonne. One such product is Corethane - pure hydrocarbon powder refined from low-value coals that can be utilised as a gas or diesel substitute. Corethane has many industrial applications.

As of July 2019 we have announced the commencement of chemical refining of ABx bauxite into aluminium fluoride. Over the last four months construction of the sophisticated mini-production plant has been completed. ALCORE's powerful new bauxite refining technology can lead to Australia's first production of AlF3 products to provide security of supply for Australasian aluminium smelters. ALCORE'S production of Corethane hydrocarbon can potentially change the energy supply and fuel security outlook for eastern Australia.

We are also pleased to advise that Australian Bauxite and Aziz Group of Bangladesh have successfully negotiated a Letter of Intent covering bauxite sales and future business development. Firstly, ABx have agreed to develop and supply Chemical Grade Bauxite for the manufacture of PAC (Polyaluminium Chloride) to be used in the treatment of industrial waste water. Secondly, Aziz Group will be the ABx agent for marketing ABx Cement Grade Bauxite to Bangladesh. Please refer to announcement of 18 July 2018 for further details.

The performance of ABx cement-grade bauxite through the kilns and resulting cement products have been exemplary. As stated by one of our highly valued customers “ABx bauxite is the best favour you can do for yourself and your cement plant”.

The outlook for regular fertiliser sales during 2018 is positive. Sales in this category are growing steadily.

Australian Bauxite produces cement-grade bauxite for the manufacture of certified high-specification cement, fertiliser-grade bauxite for the fertiliser industry and is primed with high grade metallurgical-grade bauxite for the aluminium industry.

Apart from Tasmania and Queensland, Australian Bauxite also has viable tenements in New South Wales. In February 2017, ABx announced the discovery of high quality, refractory-grade bauxite at Penrose Pine Plantation. Refractory-grade bauxite is used for heat containment and abrasives and sells for five times the current price of metallurgical grade bauxite.

ABx has been engaged in product development for some time, working on the TasTech innovation, which produces a spectrum of grades and handling characteristics, along with increased yields at low cost. It is likely that as of 2018, multi-product shipments will be possible to different customers, each having different quality requirements. Several prospective customers have been provided with samples of the products achieved from a recent TasTech bulk-testing project. All customers have agreed that ABx is offering a premium quality product that has hitherto not been available from any bauxite supplier.

Why are we different?  We are an innovative, cohesive and highly skilled team who have collectively developed an exploration model which identifies targets and achieve results. Consisting of strongly experienced senior management and disciplined geologists, the team has developed a unique geological model which has identified exploration targets that enables the company to maximise shareholder value for each exploration dollar spent.

Australian Bauxite (ABx) is adding value to shareholders through the discovery of high grade direct shipping bauxite in Eastern Australia, close to transport infrastructure and free of Native Title.

Our Vision: We will become the most valued and respected supplier of high grade bauxite through industry leading performance.

ABx has a pipeline for development of bauxite deposits in Tasmania, Queensland and New South Wales. Combined JORC resources currently stand at 137 million tonnes and are expected to increase significantly with further exploration.  In total, ABx has 15 tenements covering 935km2 and controls the most prospective acreage for high quality bauxite along Eastern Australia.