Australian Silica Quartz Group Ltd, (formerly Bauxite Resources Ltd), holds a number of hard rock quartz and high grade silica sand projects in various stages of development. The Company is looking to consolidate and further develop these projects and to develop a long term sustainable export of silica quartz products.
Australian Silica Quartz Group Ltd (ASQ) was originally established with a substantial tenement holding in Western Australia to develop new bauxite supply for the global alumina/aluminium industry. The Company listed on the Australian Securities Exchange (ASX) in October 2007.
The Darling Range in the south-west of Western Australia (WA) is the world's largest bauxite mining and alumina refining region producing around 20% of the world's alumina. This area has mined bauxite and refined alumina since the 1960s. These industries are leaders in sustainable resource development and represent the fifth largest sector of WA's resource industry. The company holds royalty rights over the Felicitas and Fortuna bauxite resources and has a joint venture in place with HD Mining & Investments Pty Ltd, (HDM) the wholly owned subsidiary of Shandong Bureau No.1 Institute for Prospecting of Geology & Minerals, (Shandong) aiming to develop further existing bauxite projects.