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VBX Limited (ASX:VBX)

ALERT: Price-sensitive ASX Announcement for VBX
Current share price for VBX : $0.510 -0.05 (-8.93%)+
Announcement
Release
27 Jan 2026 9:31AM
Price at Release
$0.560
Full Release
download
Summary
VBX Limited has conducted a successful Definitive Feasibility Study (DFS) for the Wuudagu Bauxite Project in Western Australia, demonstrating enhanced beneficiation outcomes compared to previous studies. The metallurgical optimisation yielded a significant increase in product mass recovery, with a 23% and 34% increase at respective screen sizes. The project offers high-quality, low-silica bauxite, which is a competitive advantage in the Australian market. The DFS focuses on optimizing scrubbing parameters to minimize water and power consumption, thus reducing operational costs. Strong commercial interest has been noted, with ongoing discussions for product marketing and funding opportunities.
Key Points
  • Successful DFS metallurgical optimisation at Wuudagu Bauxite Project.
  • 23% increase in product mass recovery to 72.9% at +3.35mm screen size.
  • 34% increase in product mass recovery at reduced +1mm screen size.
  • High-quality, low-silica bauxite product grading achieved.
  • DFS aims to optimize scrubbing parameters to reduce costs.
  • Strong commercial interest and funding discussions ongoing.
  • VBX is a near-term producer of high-grade Australian bauxite.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.