The latest announcement is out from Pacific Bauxite Limited ( (AU:WYX) ).
Western Yilgarn Limited announced a significant 2012 Mineral Resource Estimate for its West Julimar Bauxite Project, revealing an inferred resource of 168.3 million tonnes with high aluminum content. The project, strategically located near Perth with access to major ports and infrastructure, shows potential for economic bauxite extraction and export, catering to the growing demand for high-grade bauxite in international markets.
More about Pacific Bauxite Limited
Western Yilgarn Limited is a company operating in the mining industry, focusing on bauxite exploration and extraction. The company holds exploration licenses in the Darling Range Region of Western Australia, targeting high-grade bauxite resources for potential export to alumina refineries in China and the Middle East.
YTD Price Performance: 90.0%
Average Trading Volume: 189,711
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$4.7M
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