Australian Bauxite Ltd.'s (ABX) subsidiary ALCORE Limited has completed the design phase of the Stage 1 project on schedule and has commenced acquiring the equipment for production to commence before year-end, ahead of schedule. ABX's ALCORE is sufficiently funded to deliver Stage 1 of the ALCORE project, thanks to strong support from seed capital investors. ALCORE's powerful new bauxite refining technology can lead to Australia's first production of AlF3 products to provide security of supply for Australasian aluminium smelters. ALCORE Limited is expected to unlock considerable value for ALCORE and ABX shareholders in the short and medium term.
http://crweworld.com/australia/tren...-1st-milestone-december-production-on-target-
Ann: ALCORE Reaches 1st Milestone - December Production on Target, page-2
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