VBX holds four granted exploration licences, which comprise the Wuudagu Bauxite Project near Kalumburu in the North Kimberley region of Western Australia, and two exploration licence applications, which comprise the Takapinga Bauxite Project on Melville Island in the Northern Territory.
www.vbx.limited
It is proposed that the Wuudagu Bauxite Project will be developed as a surface mining operation utilising beneficiation, staged rehabilitation, road haulage and transhipment, to produce an average of 3-4 million tonnes per annum of low silica beneficiated bauxite product (based on a 10.25 year life of mine and production of 36.3Mt).2 VBX has supplied product samples to a number of potential customers who have expressed interest in securing product offtake.
The project area contains a 59.3 million tonne bauxite Probable Ore Reserve, which will support an initial 10.25-year mine life at the proposed scale of operations.
It is anticipated that VBX will list on the ASX during June 2025.
Home
www.vbx.limited
