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Scoping Study South Johnstone Bauxite Project Released

The Scoping Study for South Johnstone Bauxite Project has been released and the results confirm the significant potential and benefits from development of the project.

The Study assesses the potential economic viability of the development of a bauxite mining operation at South Johnstone.

This study was undertaken by an independent consultant as well as with key input from other contributors including independent industry experts and consultants and produced compelling Net Present Value and Internal Rate of Return metrics as well as low capital and operating cost estimates for the major facets of the South Johnstone project.

The Directors of Queensland Bauxite are excited by the opportunities presented by the Study.

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News Archive

11 Sep 2014

Progress Report on South Johnstone Project – 10 September 2014

The Scoping Study is proceeding to assess the potential economic viability of the development of a bauxite mining operation at South Johnstone.

This study is being undertaken by an independent consultant and will produce capital and operating cost estimates for the major facets of the South Johnstone project.

Site visits have taken place which included discussions with relevant landowners, ports, councils and other authorities and to date they have all been favourable towards the development of the project.

The Scoping Study is anticipated to be completed in September/October 2014.

Drilling has recommenced at South Johnstone and seeks to upgrade the Inferred Resource inventory.  Results will be released when at hand.

The completion of the Scoping Study will further strengthen the Company’s position in the discussions with potential off-take partners.

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27 Aug 2014

Update on South Johnstone Bauxite Project – 18 August 2014

Work is continuing at the South Johnstone Project in north Queensland.

A number of activities are being progressed that aim to deliver positive outcomes at the Project.

The Scoping Study is expected to be completed within the next six to eight weeks.

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1 Aug 2014

Quarter Activities – June 2014

Queensland Bauxite has been focused on defining significant bauxite resources to enable a feasibility study to be undertaken to develop a bauxite mining and export operation.

With the recent confirmed bauxite discovery at South Johnstone, the Company is evaluating the economics of developing a DSO bauxite export operation.

The Company is engaging independent consultants to prepare a scoping study to provide baseline data on development options.

The Company is currently looking at the potential economics of mining and shipping through Mourilyan Port.

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27 Jul 2014

CRU Group Bauxite Insight

CRU Group’s Insight article points to the major opportunities for bauxite producers in light of Indonesia’s ban on export of unprocessed minerals. The main points are as follows:

1.  The ban is not temporary and import-based refineries in China are becoming increasingly concerned about future bauxite supplies.

2. Major opportunities exist for bauxite projects, particularly in Australia.

3. CRU predicts strong bauxite price growth and additional value generation in both bauxite and alumina moving forwards.

4. The probability of Indonesia deregulating bauxite exports is small for a number of reasons as outlined in CRU’s analysis paper.

Queensland Bauxite is excited to be at the right place at the right time.

25 Jun 2014

Mining company strikes export deal for iron ore out of Port of Mourilyan

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Corporate Address

  • Queensland Bauxite Limited
  • 67 Penkivil Street
  • Bondi NSW 2026
  • Ph. 02 9291 9000
  • Fax 02 9291 9099
  • Email : info@queenslandbauxite.com.au
  • Mailing Address
  • PO Box 114
  • Bondi NSW 2026