Bauxite eyes next phase of growth

BAUXITE Resources has added $A57 million to its coffers after a successful capital raising, as the company works towards shipments from its starter project in the Darling Ranges in Western Australia.

Bauxite eyes next phase of growth Bauxite eyes next phase of growth Bauxite eyes next phase of growth Bauxite eyes next phase of growth Bauxite eyes next phase of growth

The placement of 60 million shares at 95c each to institutional and sophisticated investors was heavily over-subscribed, with applications needing to be scaled back to accommodate demand.

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