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ABx Group Limited ( (AU:ABX) ) has provided an announcement.
ABx Group Limited has reported successful results from larger-scale tests on its Deep Leads ionic adsorption clay rare earth project, achieving high extraction rates for heavy rare earth elements such as dysprosium, terbium, neodymium, and praseodymium. These results, consistent with previous smaller-scale tests, indicate the potential for cost-effective and environmentally friendly commercial production, enhancing the company’s confidence in its extraction processes and positioning in the rare earth market.
More about ABx Group Limited
ABx Group Limited is an Australian company operating in the rare earth industry, focusing on the extraction and production of rare earth elements from ionic adsorption clay deposits. The company’s primary project is the Deep Leads rare earth project located in northern Tasmania.
Average Trading Volume: 1,095,876
Technical Sentiment Signal: Buy
Current Market Cap: A$19.9M
See more data about ABX stock on TipRanks’ Stock Analysis page.