tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

ABx Group Advances Rare Earth Production with New Sample Delivery

Story Highlights
ABx Group Advances Rare Earth Production with New Sample Delivery

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from ABx Group Limited ( (AU:ABX) ).

ABx Group Limited has delivered a 100 kg sample of rare earth material from its Deep Leads project in Tasmania to ANSTO for the production of a high-purity mixed rare earth carbonate (MREC). The sample, noted for its high-grade magnet rare earth content, has undergone in-house leach testing, showing promising extraction rates. This development is significant as potential customers are eagerly awaiting the MREC samples for their own testing, indicating a strong market interest and potential impact on ABx’s industry positioning.

More about ABx Group Limited

ABx Group Limited is a company operating in the rare earth industry, focusing on the extraction and production of rare earth materials. Their primary products include high-grade rare earth oxides, particularly dysprosium and terbium, which are crucial for various technological applications. The company is actively involved in projects in Tasmania, Australia, and aims to supply high-purity rare earth materials to prospective customers.

Average Trading Volume: 166,721

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$9.57M

See more data about ABX stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1