• Experienced mining executive Lloyd Dolman appointed as General Manager - Development
• Revised agreement with Transhipment Services Australia to contribute expertise to Wuudagu DFS
• Drilling programs progressing well with additional bulk sampling, metallurgical test work, and DFS completion planned for 2025

VBX Limited (ASX: VBX) has provided an update on the progress towards development of the Wuudagu bauxite project in northern Western Australia. The company has announced the appointment of experienced study, development, operations and maintenance executive, Lloyd Dolman, as General Manager - Development. Lloyd has deep experience in project development, operations and maintenance, particularly in beneficiation and port development, which is valuable for the Wuudagu project. VBX has also entered into a revised agreement with Transhipment Services Australia Pty Ltd (TSA), which will contribute transhipment and marine related services, information and expertise to support the Wuudagu Definitive Feasibility Study (DFS). The drilling program at Wuudagu is progressing well, with exploration drilling at East Kalumburu A, infill drilling at Wuudagu B, and hydrogeological drilling across the project area. A second rig has been mobilised to accelerate the exploration and infill components of the drilling program. Other planned activities for 2025 include additional bulk sampling, metallurgical test work and process optimisation, finalisation and lodgement of the Environmental Review Document, and completion of the Wuudagu DFS.

The company is advancing the development of the Wuudagu bauxite project through completion of the Definitive Feasibility Study, project financing and environmental and regulatory approvals.