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VBX Limited ( (AU:VBX) ) has issued an update.
VBX Limited has announced significant progress in its Wuudagu bauxite project, with the discovery of low-silica, ferruginous bauxite at East Kalumburu A, which could extend the mine’s life. The appointment of Ausenco as the DFS Manager and Dr. Paul Vogel AM as a Strategic Advisor underscores the project’s potential and VBX’s commitment to responsible development. Ongoing drilling programs and bulk sampling are advancing well, with completion expected in October, positioning VBX favorably in the bauxite mining sector.
The most recent analyst rating on (AU:VBX) stock is a Buy with a A$1.60 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 operates in the mining industry, focusing on the exploration and development of bauxite resources. The company is primarily involved in the Wuudagu bauxite project located in northern Western Australia, with a market focus on sustainable and responsible mining practices.
Average Trading Volume: 223,056
For an in-depth examination of VBX stock, go to TipRanks’ Overview page.