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
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
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.