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Australian Bauxite Limited received a Pre-Feasibility Study report for the Goulburn Bauxite Project
Edited by : AL CIRCLE
2 min read
Emerging bauxite development company, Australian Bauxite Limited has received a Pre-Feasibility Study (PFS) report by Como Engineers and a Stage 2 Mine to Port Logistics Study by GHD for the Goulburn Bauxite Project in Southern New South Wales. Whilst this work was in progress, ABx discovered the thickest bauxite ever found in Australia at Mt Rae 40km north of Goulburn, expanded resources at Binjour in central Queensland and discovered several bauxite deposits in Tasmania in viable locations near Bell Bay deepwater mineral export port.
Australian Bauxite CEO Ian Levy said; "ABx can start projects in both Goulburn and Tasmania, marketing identical products and earning social licences to operate in each location.
"Once there is both community acceptance of our operations and market acceptance of the bauxite products, the projects can expand production as market demand for our gibbsite bauxites grow. This will allow us to make the largest capital investments only after market and social acceptance has been achieved.
"We believe that with goodwill and common sense, ABx can develop sustainable projects in Tasmania and Goulburn and give customers greater security of supply in the all-important early years.
"Our discoveries of thick bauxite in viable locations near deepwater ports augurs well for an early commencement of bauxite export businesses from Tasmania and the Goulburn area."
Once the Company's bauxite projects at Goulburn and Tasmania achieve routine operating conditions, transport logistics will become increasingly efficient and costs will decline as the market prices increase. Advanced grade control and blending will produce premium-priced, consistent bauxite products for long-term supportive customers. ABx will become a new, reliable supplier of high grade, low-temperature trihydrate gibbsite bauxite with very low levels of the deleterious reactive silica to Chinese and possibly Indian or Australian alumina refineries.
Australian Bauxite CEO Ian Levy said; "ABx can start projects in both Goulburn and Tasmania, marketing identical products and earning social licences to operate in each location.
"Once there is both community acceptance of our operations and market acceptance of the bauxite products, the projects can expand production as market demand for our gibbsite bauxites grow. This will allow us to make the largest capital investments only after market and social acceptance has been achieved.
"We believe that with goodwill and common sense, ABx can develop sustainable projects in Tasmania and Goulburn and give customers greater security of supply in the all-important early years.
"Our discoveries of thick bauxite in viable locations near deepwater ports augurs well for an early commencement of bauxite export businesses from Tasmania and the Goulburn area."
Once the Company's bauxite projects at Goulburn and Tasmania achieve routine operating conditions, transport logistics will become increasingly efficient and costs will decline as the market prices increase. Advanced grade control and blending will produce premium-priced, consistent bauxite products for long-term supportive customers. ABx will become a new, reliable supplier of high grade, low-temperature trihydrate gibbsite bauxite with very low levels of the deleterious reactive silica to Chinese and possibly Indian or Australian alumina refineries.
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