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An update from ABx Group Limited ( (AU:ABX) ) is now available.
ABx Group Limited has announced successful results from impurity removal tests on a bulk sample from their Deep Leads rare earth project in Tasmania. The tests, conducted by ANSTO, demonstrated that over 98% of rare earths were retained while achieving complete removal of key impurities like aluminum. This indicates favorable process economics and positions ABx Group as a strong contender in the rare earth market, with significant interest from potential customers due to the high content of critical rare earths like dysprosium and terbium.
More about ABx Group Limited
ABx Group Limited is a company involved in the rare earth industry, focusing on the extraction and processing of rare earth elements from ionic adsorption clay deposits. Their primary market focus is on producing mixed rare earth carbonate (MREC) products, particularly from their Deep Leads project in Tasmania.
Average Trading Volume: 1,705,037
Technical Sentiment Signal: Buy
Current Market Cap: A$19.67M
Find detailed analytics on ABX stock on TipRanks’ Stock Analysis page.