Australian Bauxite Limited (ASX:ABZ) Binjour Bauxite Plateau Expands - Audio Webcast

Sydney, June 14, 2012 AEST (ABN Newswire) - Australian Bauxite Limited (ASX:ABZ) advises that it has released a webcast with CEO Ian Levy.

Mr. Levy speaks on the latest announcement regarding the Extended Binjour Bauxite Project, highlights of the announcement include;

High Grade "Brown Sugar" Bauxite Extended at Binjour Bauxite Project

Resource Upgrade Commenced
South Binjour Bauxite Plateau Discovered

- 133 new holes intersected high quality, thick bauxite at Binjour, Central QLD

- Surface exposures of bauxite have been discovered in a new area in the southeast

- Surface exploration further to the south and southeast has discovered the southern half of the Binjour Bauxite Plateau on the southern side of the Burnett River

- This South Binjour Bauxite Plateau discovery with bauxite exposed at surface has been secured by a large Exploration Permit application EPMA 19742

- Laboratory results from recent drillholes are being received and a resource upgrade for Binjour is underway

The audio interview can be heard on the ABx website on the NEWS tab and at http://abnnewswire.net/lnk/QH54303F


About ABx Group Limited

ABx Group Limited (ABx) (ASX:ABX) is a uniquely positioned Australian company delivering materials for a cleaner future.

The three priority projects are:

- Heavy rare earths: Supplying light and heavy rare earths from Tasmania into Western supply chains

o Processing Options Analysis conducted in partnership with external experts

- Clean fluorine chemical production: Producing industrial chemicals from aluminium smelter by-product (ALCORE)

o Continuous pilot plant under construction in Bell Bay, Tasmania

- Near-term bauxite production: Mining bauxite resources for the aluminium, cement and fertiliser industries

o Agreements executed with Good Importing International for bauxite projects in Queensland and New South Wales, and $2.7 million initial payment has been received

o Approvals well advanced for DL130 bauxite project in northern Tasmania

ABx endorses best practices on agricultural land and strives to leave land and environment better than we find it. We only operate where welcomed.

   

Contact

Australian Bauxite Limited T: +61-2-9251-7177 F: +61-2-9251-7500 WWW: www.australianbauxite.com.au