Article

VBX Limited has expanded the definitive feasibility study (DFS) for its Wuudagu bauxite project in northern Western Australia, increasing the mining rate from 6 million tonnes per annum to 8-9 million tonnes per annum. This change follows a 51% increase in the mineral resource to 95.8 million tonnes, with additional resource modeling ongoing.

Metallurgical tests have achieved product mass recoveries of up to 73% at +3.35 mm and 80% at +1 mm screen sizes. A distributed bore field will serve as a lower-cost water solution, replacing a seawater desalination plant, expected to reduce capital and operating costs.

VBX is targeting DFS completion in the first half of 2026 and has secured $2 million in unsecured loan notes to fund the expanded scope. The company is also in discussions with a global investment bank to finalize funding and offtake agreements, driven by interest from aluminium industry participants.