GLADSTONE Ports Corporation and Australian Bauxite Limited are investigating the feasibility of constructing and operating a 1Mtpa bauxite facility at the Port of Bundaberg.
ABx has bauxite deposits in Tasmania, Queensland and New South Wales. The company’s COO Leon Hawker considers the Queensland Binjour Project to be the best source of gibbsitetrihydrate bauxite in the state.
“The Binjour Project is located 115km southwest of the Port of Bundaberg, and as an area suitable for low temperature alumina refineries, we foresee great potential,” Mr Hawker said.
“We are happy to continue to advocate the Port of Bundaberg as our favoured destination and shipping port for ABx bauxite.”
GPC acting CEO Craig Walker said the outlook for the Port of Bundaberg is bright, with the ABx MoU just another demonstration of the confidence in the region.
“We are excited to be working with ABx on the potential for a new facility, bringing new trade to the region,” Mr Walker said.
“We will commence formal feasibility assessments with ABx over the coming months, which will determine the next steps.”
The Port of Bundaberg is a hub for growth with ‘green fuel’ wood pellet exports set to double and growth in mineral exports from the region planned to commence in 2020.