Australian Bauxite Reports Substantial Vein Of High-Grade Rare Earth Elements In Tasmania
Australian Bauxite Limited (ABx) said this week that the first results of test drills for rare earth elements (REE) at...
Tasmania
Australian Bauxite Begins Promising Third Drilling Tests In Northern Tasmania
Australian Bauxite Limited (ABx) announced this week the beginning of its third drilling campaign between its Deep Leads and Rubble Mound Rare Earth (REE) plays in an effort at understanding the mineralized areas present there. The firm said that the current drilling...
ALCORE Receives A$7.5 MM Grant From Government To Build Aluminium Smelter Bath Recycling Plant In Tasmania
Australian Bauxite Limited (ABx) said this week that it’s subsidiary ALCORE Limited has received a grant of A$7.5 million from...
Australian Bauxite Finds New Outcroppings Of Rare Earth Elements At Rubble Mound In Northern Tasmania
Australian Bauxite Limited (ABx) said this week that testing at its Rubble Mound project in Northern Tasmania has yielded a...
Events
Testing At Australian Bauxite Ltd. Sites In Tasmania Show Substantial Rare Earth Element Deposits
Australian Bauxite Limited (ABx) announced this week several promising results of testing conducted over the past month, including the discovery of a new rare earth element (REE) at a tract 32 miles due east of its Deep Leads REE project in Tasmania. Per the firm, testing at the Potrush tract show a saturation of 4,800 […]
ABx Confirms Shipment of 30,000 MT of Bauxite, Sale of Additional 5,000 MT
Australian Bauxite Limited (ABx) announced the shipment and subsequent sale of a quantity of bauxite mined from its Bald Hill Bauxite Project in Tasmania. Though the customer was not identified, ABx indicated that the shipment in question was of 30 thousand metric tons of cement-grade, custom-blended bauxite. The shipment was delivered to the purchaser’s ship […]
ABx Confirms Another 30,000 MT Bauxite Shipment of Tasmanian Ore
Australian Bauxite Limited (ABx) announced the sale of another significant quantity of bauxite ore today, confirming the sale of 30 thousand metric tons of the ore harvested from its mine at Bald Hill. ABx declined to identify the purchaser or the destination for which the cement-grade bauxite is headed. The ore will be shipped from […]
ABx Releases Q3 Numbers
Australian Bauxite Limited released third-quarter results yesterday. The report showcased the firm’s continuing uptick in sales and production. According to the report, current group available cash is approximately A$2.4 million, plus available lines of credit in the event further working capital becomes necessary. The firm says it does not plan to raise capital in the […]
ABx Increases Bauxite Estimate at Fingal Rail by Over Five Times
Sydney’s Australian Bauxite Limited announced a significant resource increase at its Fingal Rail Bauxite Project yesterday. The firm’s new estimate is over five times the number given according to initial data. ABx said that when the data was examined at the project’s outset, the initial projection was that the project area contained approximately 1.18 million […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
