abx

ABx Group Secures A$1.5MM Funding for ALCORE Pilot Plant Project

ABx Group Secures A$1.5MM Funding for ALCORE Pilot Plant Project

ABx Group, a key player in the aluminium and bauxite industry, announced receiving firm commitments for a A$1.5 million single tranche share placement. This significant placement is primarily from professional and sophisticated investors. With the addition of this placement and the previously...

Events

Australian Bauxite Fast Tracks REE Drilling Campaign In Northern Tasmania

Australian Bauxite Limited (ABx) said this week that its drilling campaign at Deep Leads and Rubble Mound rare earth elements (REE) discoveries in northern Tasmania due to the high-grade results that the firm has returned in recent test drills. ABx says the mobilization of the RC drill rig site was accomplished a week ago, and […]

ALCORE Receives First A$7.5 MM Payment In Grant For Aluminium Bath Recycling Plant

Australian Bauxite Limited (ABx) announced this week that its subsidiary ALCORE Limited received the first payment of a A$7.5 million grant from the Australian government’s Modern Manufacturing Initiative (MMI). The first payment of A$3.3 million will be used to fund the firm’s proposed A$16.4 million aluminium bath recycling plant, which it plans for construction at […]