ABx Mines 31,600 Metric Tons Of Bauxite Three Weeks Ahead Of Scheduled Shipment

ABx Mines 31,600 Metric Tons Of Bauxite Three Weeks Ahead Of Scheduled Shipment
Source: ABx

Australian Bauxite Limited (ABx) announced yesterday the production of 31,600 metric tons of cement-grade bauxite ore since its previous shipment, achieving the contract tonnage necessary for the next shipment with three weeks to spare.

ABx says it will continue production at the Bald Hill Bauxite Project through the end of the week, estimating that production will top out at 33 thousand metric tons. Shipment of 30 thousand metric tons of that total is contracted to occur by May 1 to an unidentified buyer.

Though the ore carrier is still about two weeks from arriving at Bell Bay, ABx’s trucking contractor has thus far delivered 23,900 metric tons of bauxite ore to the port storage facilities. ABx expects the balance to be delivered with plenty of time to spare before the vessel’s arrival.

Aside from the contracted-for production described above, ABx has amassed a significant stockpile of other grades of bauxite ore for sale, including fertilizer grade, cement grade, and ALCORE refinery grade. A portion of the latter will soon make its way to ALCORE’s research facility in New South Wales for refining into aluminium fluoride, which will be available for potential customers to evaluate.

Meanwhile, ABx says production at Binjour will reach its peak this month in an effort at taking advantage of Queensland’s dry season, which stretches from April to November. While Binjour’s production slacks after November, mining at ABx’s Tasmanian mines ramps up in November and tapering down in May. ABx’s mining operations in India run at peak production through June, cycling down in that month as monsoon season commences, continuing through September.

Based in Sydney, ABx conducts operations in Tasmania, Queensland, and New South Wales. The firm boasts combined JORC resources of 124 million metric tons in twenty-two tenements covering almost two thousand square kilometers in Eastern Australia. Its Binjour tenement in Queensland is considered by the company to be its flagship project.