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Pacific Bauxite Limited ( (AU:WYX) ) just unveiled an update.
Western Yilgarn Limited has announced a JORC (2012) Inferred Mineral Resource Estimate for its Cardea 3 Bauxite Project, adding 16.57 million tonnes to its total bauxite resource base, which now stands at 205 million tonnes. This development highlights the company’s potential for further resource growth and positions it as a significant player in the bauxite supply chain, with strategic advantages such as proximity to infrastructure and high-grade bauxite suitable for direct shipping ore operations.
More about Pacific Bauxite Limited
Western Yilgarn Limited is a company operating in the mining industry, focusing on the exploration and development of bauxite resources. Its primary products include bauxite, which is a key raw material for alumina production. The company is strategically positioned in Western Australia, with a market focus on supplying premium-grade bauxite to established alumina refineries in China and the Middle East.
Average Trading Volume: 161,323
Technical Sentiment Signal: Sell
Current Market Cap: A$4.54M
For detailed information about WYX stock, go to TipRanks’ Stock Analysis page.