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An update from ABx Group Limited ( (AU:ABX) ) is now available.
ABx Group Limited has announced significant progress in its operations, including the expansion of its rare earth resources in Tasmania and the development of a pilot plant for its Alcore subsidiary. The company is well-positioned to capitalize on global trends such as the rising demand for critical minerals and supply disruptions in the bauxite market, which presents lucrative opportunities for its projects in Queensland and Tasmania.
More about ABx Group Limited
ABx Group Limited is a high-tech Australian company focused on delivering materials for a cleaner future. The company is involved in creating an ionic adsorption clay rare earth project in Tasmania and establishing a plant to produce hydrogen fluoride and aluminium fluoride from recycled industrial waste. ABx also has a legacy business in mining and enhancing bauxite resources for cement, aluminium, and fertiliser production.
Average Trading Volume: 186,487
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$10.54M
See more insights into ABX stock on TipRanks’ Stock Analysis page.