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Why ABx Just Secured $300K to Extend a $4.8M Bauxite Investment Option

9:44am on Tuesday 9th of December, 2025 AEDT Mining
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Why ABx Just Secured $300K to Extend a $4.8M Bauxite Investment Option

9:44am on Tuesday 9th of December, 2025 AEDT
Key Points
  • GII pays $300,000 non-refundable fee to extend investment option to June 2026
  • Option covers 75% stake in ABx’s Taralga and Penrose bauxite projects
  • Fee credited against $4.8 million investment if option exercised
  • Part of fee to fund joint project studies on Taralga deposit
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