Australian Bauxite to discuss its plans in Asia at One2One Investor Forum in Sydney

Australian Bauxite has an extensive portfolio of 42 bauxite tenements in Australia covering almost 9000 square kilometres - with these strategic projects potentially playing a part in supplying bauxite to China - which is becoming increasingly reliant on imports.

Importantly - the company’s bauxite is high quality and can be processed into alumina at low temperature, with this type of bauxite in short-supply globally. The company currently has total resources of 106.4 million tonnes. Australian Bauxite has the potential to create significant bauxite developments in the three Australian states of Queensland, New South Wales and Tasmania.

Another plus for the company is that its bauxite deposits are favourably located near infrastructure for direct shipping of bauxite to both local and export customers.

As Indonesian bauxite supplies contracts are becoming more expensive due to high Indonesian taxes, Australian Bauxite Limited’s bauxite will become highly competitive as a new, reliable supplier of high grade, low-temperature trihydrate gibbsite bauxite to Chinese and possibly Indian alumina refineries.

Once the company's bauxite projects commence, transport logistics will become increasingly efficient. Advanced grade control methods will produce premium-priced, consistent bauxite products for long-term customers.

Australian Bauxite will participate in the Proactive Investors "Stars in 2012" One2One Investor Forum which is next up in Sydney for August 22nd, with a very strong participant list including; Australian Bauxite; Range Resources; Strike Energy, Stanmore Coal, Exoma Energy and Dyesol.