For personal use only
ASX ANNOUNCEMENT
9 November 2021
ASX: ABX
CEO Presentation at Noosa Mining Investor Conference
In accordance with the requirements of Listing Rule 3.1 we submit the attached material being presented at the Noosa Mining Investor Conference being held at the Peppers Noosa Resort QLD.
Mr Ian Levy, CEO is making the presentation at 1:00pm on Wednesday 10 November 2021.
Shareholders and the public are welcome to attend our presentation.
For further information please contact:
Ian Levy, CEO and MD Australian Bauxite Limited
Telephone: | +61 (0) 2 9251 7177 |
Mobile: | +61 (0) 407 189 122 |
ASX Release authorised by Ian Levy, CEO and MD
Australian Bauxite Limited t/a ABx Group | Level 5 52 Phillip Street | Sydney NSW 2000 |
ABN 14 139 494 885 | P: +61 2 9251 7177 | F: +61 2 9251 7500 |
r personal use only ABx Group ASX Code ABX
Exploration | Rare earth discovery |
Technology
Drill programs | REE magnets |
AlF3 essential for aluminium smelters
Shipments | Production |
L5 52 Phillip Street Sydney 2000 Australia | Ian Levy CEO |
Phone: +61 2 9251 7177 | Mobile: +61 407 189 122 |
E:corporate@abxgroup.com.au | E:ilevy@abxgroup.com.au |
ABx Group Corporate Overview "Australian strategic innovation"
ASX code ABX | REE | REE | |
Listed | 24 Dec 2009 @ $0.20 | ||
update | update | ||
only | Current Issued shares | 223.6 million | ||||||
Options | 38 million @ $0.20 | Alcore | ||||||
SPP | ||||||||
52 week range | $0.09-$0.15 | |||||||
ABX | update | |||||||
Average daily volume | 330,000 | |||||||
Code | Market cap (@ $0.10) | $22.4 million | ||||||
Cash @ 1 Nov'21 | $6.7 million | |||||||
ASX | ||||||||
Shareholders | 2,179 | |||||||
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Paul Lennon 1 | Chairman | |||||||
personal2 | Board of Directors & Management | |||||||
Resources = 136 million tonnes bauxite | ||||||||
ABx | Ian Levy | Managing Director & CEO | Major Shareholders | Shares | % | |||
Ken Boundy 2 | Non-Executive Director | |||||||
Justevian Pty Limited | 6.3 m | 2.8 | ||||||
Henry Kinstlinger | Company Secretary | |||||||
Yarraandoo Pty Ltd | 5.6 m | 2.5 | ||||||
Leon Hawker | Chief Operating Officer | |||||||
WSF Pty Ltd | 5.2 m | 2.3 | ||||||
Paul Glover | Logistics & Exploration | |||||||
Aftron | 5.0 m | 2.2 | ||||||
Dr Mark Cooksey 3 | CEO Alcore Limited | |||||||
Top 20 shareholders | 57.8 m | 25.9 | ||||||
1 | Ex-Premier of Tasmania | |||||||
2 | Investor in Tasmania tourism industry. Holds senior public positions | Remainder | 165.8 m | 74.1 | ||||
3 | Ex-Rio Tinto Alcan & Ex-CSIRO Minerals | |||||||
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Forward Looking Statement
Whilst based on information from sources considered reliable, Australian Bauxite Limited t/a ABx Group (ABx), its directors, employees and consultants do not represent, warrant or guarantee, expressly or impliedly, that the information in this document and presentation is complete or accurate. To the maximum extent permitted by law, ABx disclaims any responsibility to inform any recipient of this document and presentation of any matter that subsequently comes to its notice, which may affect any of the information contained in this document and presentation.
Competent Person Statement
Information herein relating to Exploration Results, Mineral Resources and Exploration Targets is based on information compiled by Ian Levy BSc, MSc, who is a Fellow of the Australasian Institute of Mining and Metallurgy and a Fellow of the Australian Institute of Geoscientists. Mr Levy is employed by ABx as Chief Executive Officer. Mr Levy has more than five years experience relevant to the style of mineralisation and type of deposit being reported and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the JORC Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. This report is issued with the prior written consent of the Competent Person as to the form and context in which it appears.
The information in this report relating to Mineral Resources was prepared and first disclosed under the JORC Code 2004. It has not been updated since to comply with the JORC Code 2012 on the basis that the information has not materially changed since it was last reported.
Direct Shipping Ore
In this presentation all references to direct shipping ore (DSO) refers to the company's exploration objective of defining DSO grade mineralisation. The potential quantity and grade of exploration targets is conceptual in nature, there has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the determination of a Mineral Resource.
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Business Focus & Information Flow
Australian technology to make Aluminium Fluoride "AlF3"
- ABx's 87% owned refining technology subsidiary
- $1.5 million Pilot Plant & design 2021-22. Start construct main plant late 2022
- Australia's first producer of aluminium fluoride AlF3 which is essential for Aluminium Smelters. There are no substitutes
- Australia is the only significant Aluminium producer without an AlF3 plant
- AlF3 imports from China to Australasia fell by more than 60%in 2021
- Announcements: 1. Progress 2. Milestones 3. Deals 4. Feasibility
ABx Rare Earth Elements Discovery ("REE")
- $300,000 drilling campaign to confirm ABx's large REE province, Tasmania
- Exploration budget now increased to $1 million due to positive results
- Super Magnet REEs for electric vehicles, wind turbines, phones & military
- Water soluble REE ("ionic clay REE") can be mined cheaply, quickly
- ABx is 1 of 3 traded stocks globally with "ionic adsorption clay REE" which was once China's monopoly. Peers (eg. IXR) market caps exceed $100 million
- Announcements: 1. Results (2-3 wks) 2. Extensions 3. Resource 4. Deals
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Australian Bauxite Ltd. published this content on 09 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2021 04:42:04 UTC.