Bauxite Resources Ltd. Community Advisory Group Established for Bauxite Mining
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The Fortuna Project is 100 per cent owned by BRL, has recently completed a scoping study and is undertaking follow-up studies in relation to obtaining port access required for direct shipment of bauxite. The Felicitas Project is being developed by BAJV, in which BRL is a partner, and is currently in feasibility stage. The Felicitas Project has a resource of approximately 230 million tonnes of bauxite and the Fortuna Project has a resource of 40 million tonnes of bauxite. Both projects offer significant benefits for the local community including local employment, opportunities for local businesses and suppliers.
The purpose of the Bauxite Mining Community Advisory Group is to facilitate formal community discussions, ensure a broad range of viewpoints are heard and enable community representatives to contribute to the Felicitas and Fortuna projects.
The group held its first meeting on Tuesday (May 12th) and will conduct its first "working meeting" in June. Information on BMCAG is available at: www.bauxitemining.com.au
Leigh Hardingham has been appointed as the independent Chair to facilitate discussion and outcomes during meetings. Ms Hardingham has more than 30 years of experience managing social and economic development projects across the public and private sectors.
"A rigorous process has been undertaken to ensure a good cross section of community viewpoints are represented," Ms Hardingham said.
"The group's formation is a positive initiative and allows BRL and BAJV to hear feedback that can be considered during the development of the mine. I believe the group are looking forward to coming together and being informed on the relevant aspects of the projects in development and into operations. It's an opportunity to actively participate, ask questions and contribute in a meaningful way," Ms Hardingham said.
Both the Felicitas and Fortuna projects will be subject to strict environmental and statutory regulations and both companies are committed to ensuring good outcomes.
Chief Executive of Bauxite Resources Ltd., Peter Canterbury, said the group's formation was a positive initiative as BRL and BAJV relied on working with local communities to ensure sustainable outcomes, both during project design and later in operations.
"We are looking forward to working with the group so all parties are fully informed on the relevant aspects of the projects and the community has the opportunity to actively participate, ask questions and contribute in a meaningful way," Mr Canterbury said.
"Ultimately, BRL and BAJV are seeking to engage with other members of this community, sharing information on our activities with the community groups so they can be confident that the interests of the community are taken into account. Both projects are in the early stages so it can be difficult to provide detailed information. However, working with the Community Advisory Group will enable us to discuss local issues and provide feedback into the process."
Bauxite Alumina Joint Ventures General Manger Bill Moss said with both companies working together the synergies generated would improve outcomes for the companies and the community. The BMCAG will help reduce any confusion and help facilitate better feedback into the design and operations of both projects.
BMCAG meetings will be held monthly and minutes of the meetings available on www.bauxitemining.com.au or by contacting the Chair Leigh Hardingham on email: leigh@hardingham.com.au or mobile 0427 943 879.
About Bauxite Alumina Joint Ventures
On 1 April 2011, Bauxite Resources Ltd. (BRL) and Yankuang Resources Pty Ltd (Yankuang) formed a Joint Venture partnership known as Bauxite Alumina Joint Ventures Pty Ltd (BAJV).
BAJV has two goals; to develop bauxite resources for mining and longer term, supply bauxite to produce alumina in Western Australia. Yankuang have a 70% interest in BAJV's bauxite projects and BRL has the remaining 30%. BAJV's Board consists of a 50/50 representation of Directors from both businesses. BAJV has the bauxite rights across an extensive tenement package provided by Bauxite Resources Ltd. (BRL) as part of their contribution to the Joint Ventures.
Bauxite Resources Ltd. (BRL) is listed on the Australian Stock Exchange. (ASX Code: BAU)
BAJV's long term goal is to create a sustainable value-adding industry, marking a new era in WA bauxite-alumina production.
About Bauxite Resources Limited:
Bauxite Resources (ASX:BAU) was established with a substantial tenement holding in Western Australia to develop new bauxite supply for the global alumina/aluminium industry. The Company listed on the Australian Securities Exchange (ASX) in October 2007.
The Darling Range in the south-west of Western Australia (WA) is the world's largest bauxite mining and alumina refining region producing around 20% of the world's alumina. This area has mined bauxite and refined alumina since the 1960s. These industries are leaders in sustainable resource development and represent the fifth largest sector of WA's resource industry.
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