ABX 11.6% 4.8¢ abx group limited

Ian did touch on the existing technology we are using in...

  1. 156 Posts.
    lightbulb Created with Sketch. 5
    Ian did touch on the existing technology we are using in Tasmania - If you produced really good bauxite you would get $50 per tonne. We can apply a refining technology which is a chemical process with zero emissions and we can upgrade it to $1000 per tonne products or more. Those products are a mixture of aluminium fluoride, pure gibbsite which is used to make refactory items like grinding wheels. Pure silica, iron ore and titanium oxide. So we can produce 84000 tonnes of bauxite per year into these products with a revenue of about $90 million per year which Ian says is worth spending time and effort on this side of the business. If you look back at the latest ann on page 11 you'll see the info to support this.
 
watchlist Created with Sketch. Add ABX (ASX) to my watchlist
(20min delay)
Last
4.8¢
Change
0.005(11.6%)
Mkt cap ! $12.00M
Open High Low Value Volume
4.7¢ 4.8¢ 4.7¢ $4.745K 100K

Buyers (Bids)

No. Vol. Price($)
1 210000 4.5¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 139272 2
View Market Depth
Last trade - 10.35am 14/08/2024 (20 minute delay) ?
ABX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.