Australian Bauxite Limited (ASX:ABZ) Tenements Transferred from Hudson Resources Limited

Sydney, Jan 14, 2010 AEST (ABN Newswire) - Australian Bauxite Limited (ASX:ABZ) has received advice from Queensland Mines and Energy that title in all the Queensland ABx Project Tenements have been transferred from Hudson Resources Limited to ABx3 Pty Ltd, a wholly owned subsidiary of ABx.

Summaries of bauxite mineralisation in this release have been determined by hand-sampling in most instances, with limited systematic surface sampling recorded in some areas as noted.

For the complete Australian Bauxite ASX Announcement including Tables and Figures, please click the link below:

http://www.abnnewswire.net/media/en/docs/62069-ASX-ABZ-579438.pdf

The effective date of transfer is 23rd December 2009.

The Queensland tenements are:

----------------------------------------------------------------Licence No  Project     Geological Description----------------------------------------------------------------EPM 17830   Haden       Outcrops of a massiveEPM 17831   Hillgrove   cemented bauxite layer.----------------------------------------------------------------EPM 17790   Hampton     Bauxite in thick red soil on a 3                        kilometres wide plateau. Whilst                        close to Brisbane Port, alternative                        transport options warrant consideration.----------------------------------------------------------------EPM 17800  Red Hill     Outcrops of massive cemented bauxiteEPM 17801  Red Hill South  layers in a Tertiary Volcanic area                        similar to those in EL 6997 at                        Inverell, NSW.----------------------------------------------------------------EPM 18014  Binjour      Bauxite in thick lateritic red soil                        profile developed on a wide plateau.                        May be transported to Gladstone via an                        old rail line that could be rehabilitated.----------------------------------------------------------------

About ABx Group Limited

ABx Group Limited (ABx) (ASX:ABX) is a uniquely positioned Australian company delivering materials for a cleaner future.

The three priority projects are:

- Heavy rare earths: Supplying light and heavy rare earths from Tasmania into Western supply chains

o Processing Options Analysis conducted in partnership with external experts

- Clean fluorine chemical production: Producing industrial chemicals from aluminium smelter by-product (ALCORE)

o Continuous pilot plant under construction in Bell Bay, Tasmania

- Near-term bauxite production: Mining bauxite resources for the aluminium, cement and fertiliser industries

o Agreements executed with Good Importing International for bauxite projects in Queensland and New South Wales, and $2.7 million initial payment has been received

o Approvals well advanced for DL130 bauxite project in northern Tasmania

ABx endorses best practices on agricultural land and strives to leave land and environment better than we find it. We only operate where welcomed.

   

Contact

Investor Relations Henry Kinstlinger Australian Bauxite Limited Telephone: +61-2-9251-7177