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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.