VBX Doubles Wuudagu Bauxite Resource, Paving Way for Longer Mine Life and Higher Output

VBX Limited ( (AU:VBX) ) has issued an announcement.

VBX Limited has reported a significant upgrade to the Mineral Resource Estimate at its Wuudagu bauxite project, following the first resource definition for the newly drilled Wuudagu D, E and F plateaus. The 2025 drilling program has more than doubled the project’s Measured and Indicated Mineral Resource to 131.9 Mt at an improved average grade of 40.2% Al2O3 and 12.6% SiO2, with the new D, E and F resources showing higher alumina and lower silica than the earlier B and C plateaus. Independent consultant SRK Consulting has estimated 37.9 Mt of resources for plateaus D, E and F, and the thicker, less-burdened, higher-grade ore is expected to underpin an extended mine life and support a higher mining and beneficiation rate of 8–9 Mtpa in the planned Definitive Feasibility Study. The expanded resource base removes the previous 10-year mine life constraint and, together with additional exploration potential such as the large Plateau G, strengthens Wuudagu’s development case and positions VBX more competitively in the bauxite sector.

The most recent analyst rating on (AU:VBX) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on VBX Limited stock, see the AU:VBX Stock Forecast page.

More about VBX Limited

VBX Limited (ASX: VBX) is an Australian resources company focused on developing the Wuudagu bauxite project in the north Kimberley region of Western Australia, approximately 15 km west of Kalumburu. The company is advancing a bauxite mining operation targeting lateritic bauxite deposits across multiple plateaus within its project area, with an emphasis on higher-grade alumina resources suitable for large-scale mining and beneficiation.

Average Trading Volume: 170,850

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$69.39M

For a thorough assessment of VBX stock, go to TipRanks’ Stock Analysis page.