ABOUT US

Bemax Resources Limited (Bemax) is one of Australia's premier mineral sands miners. Bemax's mining and mineral separation operations are located in two significant mineral sands provinces in Australia namely, the Murray Basin and south west Western Australia.

Bemax was incorporated in Australia in 1987 and in 1990 was listed on the Australian Stock Exchange.

Historically, Bemax has grown through successful exploration and acquisitions, including the acquisition of the Western Australian based Cable Sands Group in May 2004, which was one of Australia's first Titanium minerals producers having commenced production in 1956.

In late 2004 and early 2005, Bemax commenced construction of the Ginkgo Mine and Broken Hill mineral separation plant in the Murray Basin. The first heavy mineral concentrate production at the Ginkgo Mine was in December 2005 and commissioning of the Broken Hill mineral separation plant occurred in February 2006.

In 2006, Bemax became the largest producer of Leucoxene, the third largest producer of Rutile and the seventh largest producer of Zircon, globally and became recognised as one of Australia's premier mineral sands miners.

In 2008, Cristal Australia Pty Ltd acquired all of the shares in Bemax via an off-market takeover bid and the company was removed from the official list of the Australian Stock Exchange.

Cristal Australia Pty Ltd is a wholly owned subsidiary of The National Titanium Dioxide Company Limited (Cristal). Cristal is a private company with headquarters in Jeddah, Kingdom of Saudi Arabia.

Bemax is focused on ensuring that it builds on and strengthens its position as a major Titanium feedstock producer, while maintaining flexibility in production to enable it to meet changes in the market place and satisfy clients' demands.

Bemax continues to implement and expand a well focused and well funded exploration program to locate and define further Titanium and Zircon rich deposits, focusing on the development of synergies that will flow from existing infrastructure in Western Australia as well as that established in the Murray Basin.

Regarded by the industry as a world class Zircon and Titanium mineral sands province,the future of Bemax and indeed the mineral sands industry in Australia, is in the Murray Basin. The implementation of Bemax's planned expansion of the Murray Basin operations is advancing well. The current focus is the development of the Snapper Mine.