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VBX Limited ( (AU:VBX) ) has provided an update.
VBX Limited, following its successful IPO and raising of $10 million, is advancing its Wuudagu Project towards a definitive feasibility study, set for completion in early 2026. The company is well-positioned in the bauxite market, benefiting from its high-quality product and strategic location, which offers significant cost advantages over competitors. VBX is also engaging with stakeholders, including the Wunambal Gaambera people, to ensure the project’s economic, social, and cultural considerations are addressed. The company has made significant progress in environmental studies, ensuring minimal impact on local flora and fauna, and is preparing for the project’s construction and operational phases.
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 bauxite mining industry, focusing on producing high-quality bauxite in Australia. The company aims to capitalize on the strong global market for bauxite, driven by declining Chinese domestic supply and increased sovereign risk in Guinea. VBX’s low-silica bauxite product is considered Guinea quality, offering cost advantages and higher prices due to lower refining costs and high alumina yield.
Average Trading Volume: 61,956
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$30.75M
For detailed information about VBX stock, go to TipRanks’ Stock Analysis page.