Australian Bauxite (ASX:ABZ) MD Ian Levy Speaks With Brian Carlton

(ABN Newswire) - FINANCE VIDEO: Australian Bauxite Limited (ASX:ABZ) Managing Director Ian Levy Speaks With Brian Carlton at Symposium Resources Roadshow in Sydney.

Ian Levy has thirty years senior management experience with small to large mining companies, including WMC, Pancontinental Mining, Gympie Gold and CEO of Allegiance Mining, involving development of bauxite, gold, coal, base metals, nickel and industrial minerals projects from discovery to marketing.

Ian Levy is Chairman of Dynasty Metals Australia and a former Director of Gloucester Coal. He was a member of the Joint Ore Reserves Committee (JORC) for 11 years including 4 years as Vice Chairman and Federal President, Australian Institute of Geoscientists.

About Australian Bauxite Limited

Australian Bauxite Limited (ABx) (ASX:ABZ) is an exploration company that holds the core of the Eastern Australian Bauxite Province with 29 tenements in Queensland, NSW, Victoria and Tasmania covering over 7,000 km2.

ABx bauxite is high quality and can be processed into alumina at low temperature -- the type that is in short supply globally. At the company's first drilling prospect in Inverell, northern NSW, a maiden resource of 22 million tonnes has been reported from drilling less than 10% of the identified bauxite deposit. Australian Bauxite Limited aspires to identify bauxite resources in excess of 200 million tonnes in one of the world's best bauxite provinces.

ABx has the potential to create three state-significant bauxite processing projects, one each in Queensland, New South Wales and Tasmania and has several bauxite deposits that are favourably located for direct shipping of bauxite to export customers. Our business plan is to prove up the largest tonnage of high quality bauxite resources of any comparable company and to market premium-priced bauxite products into both the rapidly growing Asia-Pacific region (especially China) and the large eastern Australian aluminium industry.

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