|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||N/A - N/A|
|52-week range||undefined - undefined|
|PE ratio (TTM)||N/A|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|
Sydney, Australia, June 26, 2017 - (ABN Newswire) - Australian Bauxite Limited (ASX:ABX) (ABx) and its marketing partner, Rawmin Mining and Industries Pvt. Ltd (Rawmin) commenced a review in late May of ...
Sydney, Australia, May 29, 2017 - (ABN Newswire) - Over the past 18 months Australian Bauxite Ltd (ASX:ABX.AX - News) has increased its capacity to supply cement-grade bauxite whilst remaining ready to sell metallurgical grade bauxite when prices improve. ABx's range of bauxite products can be sold into Asia, India, Middle East, North America and Australasia, specialising in the low-alkali high late strength cement-grade bauxite market, the trihydrate metallurgical bauxite market, fertilisers and eventually the high-priced refractory-abrasive grade bauxite markets. ABx's deposits are close to infrastructure and population centres which allows us to develop value enhancing technologies as well as bulk-shipping bauxite.
As demand for stronger, low alkali cement increases for infrastructure construction (especially in the USA), demand should increase for cement-grade bauxite of the type marketed by ABx. ABx may sell more cement-grade bauxite because of the proposed increase in infrastructure construction that is being proposed by the new US administration. ABx bauxite is suitable for all infrastructure construction, be it bridges, tunnels or roads.