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VBX Limited (ASX:VBX)

ALERT: Price-sensitive ASX Announcement for VBX
Current share price for VBX : $0.515 -0.093 (-15.23%)+
Announcement
Release
18 Jun 2026 8:28AM
Price at Release
$0.608
Full Release
download
Summary
VBX Limited is advancing the development of the Wuudagu bauxite project in northern Western Australia with the approval of Section 43A and Section 156B applications by the EPA and DCCEEW. The project, located near Kalumburu, is undergoing enhancements to reduce its environmental footprint and increase mining efficiency. With a commitment to social and environmental responsibility, the project offers substantial economic, training, and employment benefits to local communities, while supporting improved regional services and infrastructure. The Environmental Review Document is being finalized as part of the development process.
Key Points
  • VBX Limited is progressing with the development of the Wuudagu bauxite project in northern Western Australia.
  • The project is located approximately 15 km west of Kalumburu and 270 km northwest of Kununurra.
  • VBX has received approvals for Section 43A and Section 156B applications from the Western Australian EPA and Commonwealth DCCEEW.
  • The approvals enable the optimization and refinement of the project’s environmental scope.
  • Key project scope amendments include a significant reduction in the project footprint and an increase in mining and beneficiation rate up to 9 Mtpa.
  • The beneficiation plant has been relocated to minimize environmental impacts.
  • VBX is committed to a socially and environmentally responsible development approach, benefiting the Wunambal Gaambera Traditional Owners and the local community.
  • The project presents significant economic, training, and employment opportunities.
  • The Environmental Review Document (ERD) is being finalized for submission.
  • The project is poised to provide improved community services and infrastructure.
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.