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Outstanding ABx Bauxite Opportunities in Australia

Released 05 Mar 25

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Announcement summary

Outstanding ABx Bauxite Opportunities in Australia

ABx Group (ASX: ABX) has significant bauxite assets in eastern Australia, with potential production in CY2025. Global bauxite prices have soared, with Guinea to China prices up by 60% in recent months. ABx is actively pursuing monetization of these assets and is in discussions with various parties. The company holds the largest gibbsite bauxite assets in the region, catering to alumina refineries in China and beyond. ABx's primary deposits in Binjour, QLD, and Taralga, NSW, offer substantial resources and are positioned for production. As part of its strategy, ABx is exploring options for early production commencement and engaging with potential partners. The company remains committed to creating long-term shareholder value through strategic asset management and partnerships. Investors are invited to explore ABx's interactive Investor Hub for further insights and engagement. For inquiries, contact Dr. Mark Cooksey, MD & CEO of ABx Group, for additional information. ABx is dedicated to sustainable practices and enhancing environmental outcomes in its operations. Please refer to the full ASX announcement for comprehensive details and disclosures.

This summary was generated by AI. We recommend reading the announcement in full before making an investment decision.

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