Bauxite miner ABx Group has reached a five-year bauxite supply deal with cement manufacturer Adelaide Brighton Cement (ABCL), a subsidiary of ASX-listed Adbri. The agreement forecasts the supply of between 90 000 t and 120 000 t of cement-grade bauxite from ABx’s DL130 bauxite project, in Tasmania, with first shipments anticipated in the first quarter of 2024.
PERTH – Bauxite miner ABx Group has reached a five-year bauxite supply deal with cement manufacturer Adelaide Brighton Cement , a subsidiary of ASX-listed Adbri.
The agreement forecasts the supply of between 90 000 t and 120 000 t of cement-grade bauxite from ABx’s DL130 bauxite project, in Tasmania, with first shipments anticipated in the first quarter of 2024. The mine lease application for DL130 is in progress, with approval pending and mining of cement grade and fertiliser grade bauxite anticipated to start in the first quarter of 2024.
“This five-year agreement with ABCL for the supply of cement-grade bauxite from our DL130 bauxite project represents a significant milestone for ABx and endorses the suitability of our bauxite for the broader cement industry,” said ABx group MD and CEO“It enables both parties to plan for ongoing supply with confidence. Importantly, regular mining operations to supply ABCL will increase ABx’s ability to secure additional customers, for which there are active discussions.
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