Adbri awards bauxite supply contract to ABx Group

Adbri has granted ABx Group a contract to provide 90,000 – 120,000 tonnes of bauxite to its Birkenhead, South Australia, cement plant over a period of five years starting in early 2024.

According to the source, the estimated value of the contract is reported as 'conservative,' totalling US$5.4 million. The source of bauxite supply for this contract will be ABx Group's DL130 mining project, which boasts 13.7 million tonnes of bauxite reserves distributed across three deposits. Mining operations are scheduled to commence in October 2023. The initial shipment of bauxite under this contract will be priced confidentially as agreed upon by the parties involved.

Mark Cooksey, the managing director and CEO of ABx Group said, “This 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 Adbri will increase ABx's ability to secure additional customers, for which there are active discussions.”