ABX GROUP LIMITED — Investor Presentation 2017

May 10, 2017

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ASX ANNOUNCEMENT

11 May 2017

AUSTRALIAN BAUXITE LIMITED

About Australian Bauxite ASX Code ABX Latest News: www.australianbauxite.com.au

Australian Bauxite Limited (ABx) has started its first bauxite mine in Tasmania and holds the core of the Eastern Australian Bauxite Province. ABx’s 37 bauxite tenements in Queensland, New South Wales & Tasmania exceed 5,000 km[2] and were rigorously selected for (1) good quality bauxite; (2) near infrastructure connected to export ports; & (3) free of socio-environmental constraints. All tenements are 100% owned, unencumbered & free of third-party royalties. ABx’s discovery rate is increasing as knowledge, technology & expertise grows.

The Company’s bauxite is high quality gibbsite trihydrate (THA) bauxite & can be processed into alumina at low temperature and is perfect for cement manufacture and for fertiliser production.

CEO Presentation at Resources Round Up

In accordance with the requirements of Listing Rule 3.1 we submit the attached material being presented at the RIU Sydney Resources Round Up being held at the Sofitel Sydney Wentworth Hotel on 10 & 11 May 2017.

Mr Ian Levy, CEO is making the presentation at 4:10 pm on Wednesday 11 May 2017.

Shareholders and the public are welcome to attend our exhibition and presentation.

ABx has declared large Mineral Resources at Inverell & Guyra in northern NSW, Taralga in southern NSW, Binjour in central QLD & in Tasmania confirming that ABx has discovered significant bauxite deposits including some of outstandingly high quality.

In Tasmania, at Bald Hill, the Company’s first bauxite mine commenced operations on schedule on 9 December 2014 – the first new Australian bauxite mine for more than 35 years.

ABx aspires to identify large bauxite resources in the Eastern Australian Bauxite Province, which is emerging as a globally significant bauxite province. ABx has created significant bauxite developments in 3 states - Queensland, New South Wales and Tasmania. Its bauxite deposits are favourably located for direct shipping of bauxite to customers.

For further information please contact:

Ian Levy, CEO and MD Australian Bauxite Limited

Telephone: +61 (0) 2 9251 7177 Mobile: +61 (0) 407 189 122

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

Directors / Officers Paul Lennon Chairman Ian Levy CEO & MD Ken Boundy Director Henry Kinstlinger Secretary Leon Hawker Chief Operating Officer Paul Glover Logistics & Exploration Manager Jacob Rebek Chief Geologist

AUSTRALIAN BAUXITE LIMITED

ACN 139 494 885

Level 2 Hudson House 131 Macquarie Street Sydney NSW 2000 p: +61 2 9251 7177 f: +61 2 9251 7500 w: australianbauxite.com.au e: corporate@australianbauxite.com.au

AUSTRALIAN BAUXITE LIMITED

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Targeting emerging bauxite markets

RIU Resources Roundup, Sydney 11[th] May 2017

Level 2, 131 Macquarie St Sydney, NSW 2000, Australia Phone: +61 2 9251 7177 E: corporate@australianbauxite.com.au

Ian Levy, Managing Director & CEO Mobile: +61 407 189 122 E: ilevy@australianbauxite.com.au

Bauxite’s traditional use is for aluminium (big projects)

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5 tonnes 2 tonnes 1 tonne bauxite alumina aluminium

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Subdued & cyclically over-supplied. Prices fell 40% in 15 months

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ABx targets technology & market diversityTASMANIAN MINES ALUMINA REFINERIES

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TasTech High grade trihydrate Separation gibbsite bauxite

ABx bauxite sells in 3 markets – at profitable, strengthening prices

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35% - 50%

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3% - 15% 30% - 40%

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Fertiliser manufacture

CEMENT MANUFACTURE

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Cor orate Overview p

ASX code ABX

Corporate	Corporate	Overview	Overview	Overview			ASX codeABX	ASX codeABX	ASX codeABX	ASX codeABX	ASX codeABX
ASX codeABX
												0 1 2 3 17 Millions
Listed		24 Dec 2009 @ $0.20
Issued shares		142 million
Options		0 million
52 week range		$0.10 - $0.26
Average daily volume		225,000
Market cap (@ $0.14)		$19	mi	llion
Cash @ 01 May’17		$1.4 million
Shareholders		2,850
Board of Directors & Management
Paul Lennon1	Chairman
Ian Levy	ManagingDirector & CEO
						Major Shareholders Shares % RNB Resources 11.4 m 8.0 State One Capital 8.8 m 6.2 Soul Pattinson 6.8 m 4.8 Gleneagle Securities 3.0 m 2.1 Top 20 shareholders 60.1 m 42.3
Ken Boundy 2	Non-Executive Director
						Major Shareholders		Shares	%
HenryKinstlinger	CompanySecretary
						RNB Resources		11.4 m	8.0
Leon Hawker	Chief OperatingOfficer
						State One Capital		8.8 m	6.2
Paul Glover	Logistics & Exploration
						Soul Pattinson		6.8 m	4.8
Jacob Rebek 3 Chief Geologist
						Gleneagle Securities		3.0 m	2.1
1ex-Premier of Tasmania 2Investor in Tasmania tourism industry. Holds senior public positions 3ex-CRA-Rio Tinto Chief Geologist. Led discovery team for Century Zinc (1993) and Eastern Australian Bauxite (2006-09)
						Top 20 shareholders		60.1 m	42.3
										.

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ABx Bauxite Production Started in Tasmania

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Gove
Weipa
Darling
Ranges
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Targeting operating margins of A$10 to A$25 per tonne

= ABx bauxite deposits

Total Resources 124 million tonnes

More than 10 viable mines in QLD, NSW & Tasmania

First mine started in Tasmania

Strong community & government support Good infrastructure already in place Ports open all year

Tasmanian Mines. +12Mt resources drilled-out

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Bauxite Markets

Bauxite is a benign dry “ironstone” gravel with many uses, including:

1. Metallurgical bauxite for aluminium industry

• • 100 million tonnes pa traded globally

• Currently depressed & oversupplied (cyclical) = low profitability

2. Cement-grade bauxite demand is fastest growing market (profitable prices)

• 25 million tonnes pa of cement-grade bauxite traded, growing fast

• ABx’s bauxite helps make corrosion-resistant, late-strength cement

• Salt-free, quartz-free & helps cement kilns operate smoothly

• ‘ABx bauxite is the best thing you can do for your cement kiln’ (customer)

3. Fertiliser-grade bauxite to make superphosphate from rock phosphate

• ABx bauxite used to make granules for single superphosphate

4. BAUXITE REFINING TO PRODUCE ALUMINIUM FLUORIDE

• Increases the value of its bauxite tenfold, capitalising on the clean chemistry of ABx bauxite and the hydro-electricity and skills in Tasmania.

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Mines & transport in Tasmania ideally located

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Simple Quarry & Screen

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Bald Hill “Mine” Tasmania
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ROM Ore Production
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RETURNS TO GRAZING IN 3 YEARS Soil reinstated, sheep returned after 15mths

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121,000t stockpiled for blending to
“customer’s specs”. 35,500 tonnes
ready for railing to port
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Photo: Paul Scambler, The Examiner
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Fingal Rail Bauxite Project
5371600
N
5371400 200 metres
Cement Grade Bauxite Outlines
5371200
5371000
5370800
5370600
Legend
5370400 Resource outline
Intercept hole
Other drillholes
5370200
5370000
5369800
5369600
5369400
00 540800 541000 541200 541400 541600 541800 542000 542200 5424
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Tasmanian bauxite suits cement-grade

Fingal Rail Project (our next mine) More than 6 million tonnes Simple production

TasTech Technology splits ore into:

1. High-grade metallurgical bauxite 2. Cement-grade bauxite

BULK TEST IN PROGRESS NOW

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Fingal Rail Bulk Test our next mine

• TasTech Test underway

• Bulk mining test completed satisfactorily

• Customer has requested 3-month exclusivity to conclude offtake contract

• Long-term contracts are possible

• Fingal Rail project assures long-term supply

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Tasmanian bauxite also suits bauxite refining

Ore worth US$50/t FOB upgraded to US$1,000/t products:

Product	Chemistry	Kgs from 1 tonne bauxite	Value US$/tonne	Value US$
Aluminium fluoride AlF3 Pure gibbsite Al2O3.3H2O Silica fume SiO2 Iron Ore Fe2O3 Titanium oxide TiO2		506 96 75 275 38	$1,350 $100 $2,700 $80 $2,500	$683 $10 $203 $22 $95
Total		990		$1,012

Ore Feed: 84,000 tonnes bauxite per year can produce:

• Tonnes Product Value (US$) 50,000 tonnes aluminium fluoride AlF3 $67,500,000 1,110 tonnes gibbsite Al2O3.3H2O $111,015 6,300 tonnes silica fume SiO2 $17,010,000

• 23,100 tonnes iron ore Fe2O3 $1,848,000 3,192 tonnes titanium oxide TiO2 $7,980,000

• 83,702 tonnes products worth $94,449,015

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Binjour Project, Queensland: Biggest/Best Deposit Largest, highest grade new trihydrate gibbsite bauxite project in Pacific Basin 28 million tonnes @ +44% Al2O3 defined to date & new discoveries found Potential partner visiting site late May

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ABx JORC-Com liant Mineral Resources p

Region	Resource Category Thickness (m) Million Tonnes	Al2O3 SiO2	A/S Fe2O3 TiO2 LOI	Al2O3Avl @ 143°C% Rx SiO2 % Avl/Rx ratio	% Lab Yield	O'Burden (m) Int.Waste (m)
		% %	ratio % % %
CAMPBELL TOWN	Inferred 1.3 3.0	42.6 3.5	12 25.4 3.5 24.6	36.7 3.0 12	50	2.1 0.1
AREA TASMANIA7	Indicated 1.4 3.2	42.5 3.2	14 26.4 3.0 24.5	36.2 2.8 14	55	1.8 0.1
	Total 2.7 3.1	42.5 3.3	13 25.9 3.3 24.5	36.5 2.9 13	52	2.0 0.1
Inferred 2.4 3.3 Fingal Rail Cement-		30.9 19.5	-- 35.4 3.9 16.7	-- -- --	--	1.9 0.1
Grade Bauxite8	Indicated 3.9 3.8	31.1 19.0	-- 35.2 4.0 16.9	-- -- --	--	1.7 0.1
	Total 6.3 3.6	31.0 19.2	-- 35.3 4.0 16.8	-- -- --	--	1.8 0.1
DL-130 AREA TAS1	Inferred 5.7 3.8	44.1 4.3	10 22.8 3.1 25.0	37.6 3.2 12	55	1.5 0.1
	Total Tas 14.7 3.6	38.2 10.5	n.a. 28.7 3.5 21.4	n.a. n.a. n.a.	54	1.7 0.1
BINJOUR QLD2	Inferred 9.0 3.9	43.7 4.5	10 22.4 3.6 24.2	38.0 3.8 10	59	8.2 0.3
DSO Indicated 15.5 5.3		44.2 3.1	15 23.4 3.7 24.9	39.5 2.6 15	62	9.4 0.3
	Total 24.5 4.8	44.1 3.6	12 23.1 3.7 24.6	39.0 3.0 13	61	8.9 0.3
TOONDOONQLD3	Inferred 3.5 4.9	40.2 7.2	6 25.3 4.9 21.7	32.8 5.2 6	67	1.5 0.0
TARALGA S. NSW4	Inferred 9.9 3.1	40.4 5.7	7 24.6 4.1 22.2	35.2 1.9 18	54	0.1 0.2
	Indicated 10.2 3.7	41.3 5.3	8 25.9 4.0 22.9	36.1 1.9 19	55	0.7 0.4
	Total 20.1 5.6	40.8 5.5	7 25.3 4.0 22.6	35.7 1.9 19	55	0.5 0.3
PDM-DSO* Inferred 7.6 2.5		37.0 6.0	6 38.4 3.5 13.3	22.1* 1.3 17	72	0.2 0.1
	Indicated 10.3 3.1	37.6 3.9	10 40.4 3.7 13.5	22.4* 1.1 20	71	0.7 0.4
	Total 17.8 5.8	37.3 4.8	8 39.6 3.6 13.5	22.3* 1.2 18	72	0.5 0.3
	Total Taralga 37.9 5.7	39.2 5.2	8 32.0 3.8 18.3	35.4 1.6 23	63	0.5 0.3
INVERELL N. NSW5	Inferred 17.5 4.7	39.8 4.8	8 27.7 4.3 22.2	31.0 4.2 7	61	2.3
	Indicated 20.5 4.8	40.6 4.7	9 26.9 4.1 22.5	32.0 4.0 8	60	2.4
	Total 38.0 4.8	40.2 4.7	9 27.3 4.2 22.4	31.6 4.1 8	61	2.4
GUYRA N. NSW6	Inferred 2.3 4.2	41.4 3.6	12 26.2 3.3 24.6	35.0 2.8 13	56	3.4
	Indicated 3.8 5.9	43.1 2.6	16 27.3 3.9 24.5	37.4 2.0 18	61	4.4
	Total 6.0 5.3	42.5 3.0	14 26.9 3.7 24.5	36.5 2.3 16	59	4.0
124.6 GRAND TOTAL ALL AREAS			* PDM is Al2O3spinel. Al2O3Avl at 225°C is >35%
Explanations: All resources 100% owned & unencumbered. Resour definitions: Leach conditions to measure available alumina "Al2O3 A (Al203 Avl)/(Rx SiO2) and "A/S" ratio is Al203/SiO2. Values above 6 ar yields are not directly related and are typically between 60% and 75 interburden detrital bauxite and underlying transitional bauxite mineralis		ce tonnage estimates are quoted as in-situ, pre mined tonnages. All assaying done at NATA-registered ALS Laboratories, Brisbane. Chemical vl" & reactive silica "Rx SiO2" is 1g leached in 10ml of 90gpl NaOH at 143°C for 30 minutes. LOI = loss on ignition at 1000°C. "Avl/Rx" ratio is e good, above 10 are excellent. Tonnage is for bauxite in-situ. Lab Yieldis for drill dust samples screened by ALS lab at 0.26mm. Production %. Tonnages requiring no upgrade will have 100% yield. Resource estimates exclude large tonnages of potential extensions, overburden & ation. Production will clarify these materials.

The information above relates to Mineral Resources previously reported according to the JORC Code (see Competent Person Statement) as follows:

• 1 Maiden Tasmania Mineral Resource, 5.7 million tonnes announced on 08/11/2012

• 2 Binjour Mineral Resource, 24.5 million tonnes announced on 29/06/2012

• 3 QLD Mining Lease 80126 Maiden Resource, 3.5 million tonnes announced on 03/12/2012

• 4 Goulburn Taralga Bauxite Resource Increased by 50% to 37.9 million tonnes announced on 31/05/2012

5 Inverell Mineral Resource update, 38.0 million tonnes announced on 08/05/2012

• 6 Guyra Maiden Mineral Resource, 6.0 million tonnes announced on 15/08/2011

7 ASX ABX Initial resources for first Tasmanian mine announced on 24/03/2015

• 8 ASX ABX Resource Upgrade for Fingal Rail Project Tasmania announced on 25/08/2016

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Forward Looking Statement

Whilst based on information from sources considered reliable, Australian Bauxite Limited ( ABx ), its directors, employees and consultants do not represent, warrant or guarantee, expressly or impliedly, that the information in this document and presentation is complete or accurate. To the maximum extent permitted by law, ABx disclaims any responsibility to inform any recipient of this document and presentation of any matter that subsequently comes to its notice, which may affect any of the information contained in this document and presentation.

Competent Person Statement

Information herein relating to Exploration Results, Mineral Resources and Exploration Targets is based on information compiled by Ian Levy BSc, MSc, who is a Fellow of the Australasian Institute of Mining and Metallurgy and a Fellow of the Australian Institute of Geoscientists. Mr Levy is employed by ABx as Chief Executive Officer. Mr Levy has more than five years experience relevant to the style of mineralisation and type of deposit being reported and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the JORC Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. This report is issued with the prior written consent of the Competent Person as to the form and context in which it appears.

The information in this report relating to Mineral Resources was prepared and first disclosed under the JORC Code 2004. It has not been updated since to comply with the JORC Code 2012 on the basis that the information has not materially changed since it was last reported.

Direct Shipping Ore

In this presentation all references to direct shipping ore (DSO) refers to the company’s exploration objective of defining DSO grade mineralisation. The potential quantity and grade of exploration targets is conceptual in nature, there has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the determination of a Mineral Resource.

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Good Landholder Relations

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

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