VBX (ASX:VBX) appointed Ausenco Services as the definitive feasibility study manager for the Wuudagu bauxite project in Western Australia, according to a Tuesday Australian bourse filing.
Ausenco's initial focus will be on optimizing the Wuudagu beneficiation and product transport logistics, targeting increased mass recovery and product throughput and reduced operating costs.
George Lloyd is the Chairman of both VBX and Ausenco, and Lloyd was not involved in the evaluation of the Ausenco proposal or the board approval of the appointment, per the filing.
VBX agreed to a targeted definitive feasibility study completion by the first quarter of 2026. It is conducting exploration drilling, infill drilling, and additional hydrogeological drilling.