Review of Binjour project ABx and its Indian marketing partner, Rawmin Mining and Industries (Rawmin) have applied for a Regional Jobs and Investment grant for the commencement of the Binjour Bauxite project in the Wide Bay Burnett region of central Queensland, shipping from the Port of Bundaberg. Resource modelling is in progress. Binjour Bauxite project resources are currently estimated as totalling 28 million tonnes from Binjour exploration licences 1 and granted mining lease at Toondoon south of Mundubbera. 1
Bulk samples were collected ahead of schedule in late December to expedite negotiations with customers for the execution of offtake sale-purchase agreements for the project
How about a single Sale, then maybe an Offtake Agreement? it seems to be the missing sector for ABX
ABX Price at posting:
11.0¢ Sentiment: None Disclosure: Not Held
