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The latest update is out from ABx Group Limited ( (AU:ABX) ).
ABx Group Limited has announced successful results from ANSTO’s diagnostic leach tests on their Deep Leads rare earth project, achieving over 70% extraction rates for dysprosium and terbium, which are crucial heavy rare earths. These results confirm the potential for low-cost, environmentally friendly processing, positioning ABx as a significant player in the rare earth market, with plans to produce the first MREC from an ionic adsorption clay resource in Australia by Q4 2025.
More about ABx Group Limited
ABx Group Limited operates in the rare earth industry, focusing on the extraction and production of heavy rare earth elements, particularly dysprosium and terbium, from ionic adsorption clay resources in Australia. The company aims to become a leading producer of Mixed Rare Earth Carbonate (MREC) from its Deep Leads project in Tasmania.
Average Trading Volume: 181,510
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$10.83M
See more data about ABX stock on TipRanks’ Stock Analysis page.