SUNRISE BAUXITE PROJECT
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Courtesy of ABx Group - Tasmanian Operations
The Sunrise Bauxite Project consists
of a JORC-compliant resource of 37 million tonnes of gibbsite-type metallurgical bauxite at Binjour.
The project plan incudes operations at Bundaberg Port where product will be exported to international markets.
GII and ABx and have jointly developed an updated project design, which plans to utilise common user infrastructure established by Gladstone Ports Corporation at the Bundaberg Port, or other facilities in that port precinct.
This proposal significantly reduces the time to commence production and capital cost compared to earlier project designs.
The Sunrise Bauxite Project assets are held within ABx3 Pty Ltd (ABx3), a company with GII holding 70% and ABx Group 30%.
LOCATION
Swains Rd, Reids Creek
QLD 4625, Australia
ABx Group Limited
ABx Group (ABX) is a uniquely positioned, Australian company delivering materials for a cleaner future. The current areas of focus are:
• Creation of an ionic adsorption clay rare earth project in northern Tasmania
• Establishment of a plant to produce hydrogen fluoride and aluminium fluoride from recycled industrial waste, via its 83%-owned subsidiary, Alcore
• Mining and enhancing the value of bauxite resources for cement, aluminium and fertilisers
Good Importing International
Established in 2007, Good Importing International is an active investor in the Australian market with offices in China, Hong Kong and Australia and a professional team possessing over 20 years’ experience in international trade, primarily focussed on bulk commodities, resource project investments and property development.
GII is an experienced participant on the ASX, with a track record as a significant investor, debt provider and offtake partner with various Australian-listed resource companies.