Bauxite News - Market

ABx Group signed a 5-year bauxite supply agreement with Adelaide Brighton Cement Limited

  | AlCircle   |

ABx Group has recently inked a significant five-year agreement with Adelaide Brighton Cement Limited (ABCL), a subsidiary of Adbri Limited, for the supply of cement-grade bauxite. The bauxite will be sourced from ABx's DL130 Bauxite Project located in northern Tasmania, with the initial shipment slated for Q1 2024.

ABx group

The agreement outlines a forecasted supply of 90,000 to 120,000 tonnes of bauxite over the five-year term, with a confidential but profitable sale price already established for the first shipment. Subsequent shipments will undergo price negotiations. ABCL also holds the option to extend the contract for an additional five years.

The DL130 Bauxite Project is currently in the process of securing mining lease approval, with the commencement of mining operations expected in Q1 2024. This development marks a pivotal moment for ABx Group.

The Managing Director and CEO, Mark Cooksey commented, "This 5-year agreement with ABCL for the supply of cement-grade bauxite from our DL130 Bauxite Project represents a significant milestone for ABx and endorses the suitability of our bauxite for the broader cement industry. It enables both parties to plan for ongoing supply with confidence. Importantly, regular mining operations to supply ABCL will increase ABx’s ability to secure additional customers, for which there are active discussions."

ABx Group Limited, a forward-thinking Australian company, is focused on delivering materials that contribute to a cleaner future. With this latest agreement, ABx Group reinforces its commitment to sustainability and responsible resource management.

Edited By:

This news is also available on our App 'AlCircle News' Android | iOS

Related Business Leads
Buying request Aluminium 6063 Scrap
Interested to buy aluminium 6063 scrap in 1MT pallets in bundles of wire mesh. Destination - CIF Europe
Posted On : 09/Aug/2023

Buying request Pet Coke
Interested to buy pet coke. Price : CIF Dar es Salaam,Tanzania Destination port : Ndola, Zambia
Posted On : 25/Jul/2023

Buying request Bauxite
We are looking for suitable buyers of aluminium alloy ingot LM6 ● Refer attachment for product specifications. Destination: Any port in India
Posted On : 20/Jul/2023

Waste-free processing of Bauxite & Red Sludge – Selling of the IP. The invention relates to the production of alumina from bauxite ores in an efficien...
Posted On : 15/Jul/2023

Selling offer Bauxite Ore Alumina 60%
Kind Attention Buyers End User Importers of BAUXITE ORE Minerals we have constant supplies from our mines sources of ALUMINA (AI2O3) 60%> the full shi...
Posted On : 02/Mar/2023
Alternate Text
EPIQ Machinery

A world class equipment designer specialized in developing innovative & effective solutions for heavy equipment, vehicles, and material handling systems

Alternate Text
RIA Cast House Engineering

Leading supplier of rail mounted precision Furnace Charging Machines and Furnace Skimming Machines

Alternate Text

Leading manufacturer of value-added equipment for the aluminum casthouse

Alternate Text
Jagannath Company

Manufacturers & Supplier of Magnesium Metal and Aluminium Foundry Chemicals

Alternate Text

A supplier of proven systems and an expert adviser in aluminum casthouse technology, offering its services worldwide to the aluminum industry.

Alternate Text

4-6 December 2023 at Chitnavis Centre in Nagpur, India.

Alternate Text

Global supplier of aluminium alloy and base metals from Africa