ABx announces the completion of stage 1 aluminium fluoride lab in NSW

Australian Bauxite Limited (ABx) announced that its wholly-owned subsidiary ALCORE Limited completed the construction of stage 1 aluminium fluoride lab and acquired the necessary equipment to produce test samples. Per the firm, both the tasks reached ahead of schedule and under the budget.

The construction of the laboratory had reportedly begun on July 1 at ALCORE’s pre-approved Pilot Plant site in Berkeley Vale, New South Wales. Initially, the stage 1 lab will produce aluminium fluoride (AlF3) test samples by refining raw bauxite for distribution to potential customers and gradually proceed to producing Corethane, a pure hydrocarbon powder from low-value coal. In addition, the lab will also test graphite refining for use in battery application.

ABx’s CEO Ian Levy said the firm had funds on hand to begin what may prove to be a game-changer for both bauxite refining and energy production.

He particularly mentioned, “ABx’s subsidiary ALCORE is sufficiently funded to deliver Stage 1 of the ALCORE project, thanks to strong support from seed capital investors. 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 change the energy supply and fuel security outlook for eastern Australia.”

Levy also assured the investors that other prospective bauxite projects of the firm are far from forgotten.

“ABx is also pressing ahead with its three core bauxite projects; the Tasmanian mine, the large Binjour Project in central QLD and the Penrose refractory bauxite project 90km inland of Port Kembla NSW,” Levy continued. “Planning is underway for trial mining and processing testwork at the Binjour Project,” said himself.