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"The [licence] on our bauxite project and the legalisation of hemp are imminent"

Australian company Queensland Bauxite (AU:QBL) cited a variety of reasons for its share price rise when it responded to an ASX price query this morning.

Staff reporter
Queensland Bauxite’s South Johnstone project

Queensland Bauxite’s South Johnstone project

It said the rise was likely due to the expected imminent grant of a mining development licence for its flagship South Johnstone bauxite project in Queensland - and its exposure to an emerging hemp market....

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