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ABx Group Limited ( (AU:ABX) ) just unveiled an announcement.
ABx Group Limited has made significant progress in its rare earths and bauxite projects. The company conducted a successful scout drilling program in Tasmania, with over 30% of the holes intersecting rare earth mineralisation. It is also advancing its Deep Leads project with a formal Processing Options Analysis and has sent a sample to ANSTO for processing. Additionally, ABx is developing a continuous pilot plant for fluorine waste recycling and has ongoing discussions for bauxite supply from its Sunrise Bauxite Project. These developments position ABx to strengthen its role in the supply of critical materials, with potential implications for stakeholders in the rare earths and bauxite markets.
More about ABx Group Limited
ABx Group Limited is an Australian company focused on delivering materials for a cleaner future. It operates in the rare earths, fluorine waste recycling, and bauxite mining industries. The company supplies light and heavy rare earths from Tasmania, recycles industrial chemicals from aluminium smelter waste, and mines bauxite for the aluminium, cement, and fertiliser industries.
Average Trading Volume: 164,395
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$9.82M
See more data about ABX stock on TipRanks’ Stock Analysis page.