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ABx Group Limited ( (AU:ABX) ) has provided an update.
ABx Group Limited has reported significant progress in its heavy rare earths and clean fluorine chemical production initiatives. The company achieved high extraction rates of dysprosium and terbium under benign leach conditions, with ANSTO on track to deliver a mixed rare earth carbonate product sample by Q4 2025. Additionally, ABx secured a $3 million placement to advance its Deep Leads project and support working capital needs. The company is also advancing its bauxite projects with new investment agreements and exploration leases, positioning itself strongly in the market for rare earths and industrial chemicals.
More about ABx Group Limited
ABx Group Limited is an Australian company focused on delivering materials for a cleaner future. It operates in the heavy rare earths sector, producing light and heavy rare earths from Tasmania, and is involved in clean fluorine chemical production from aluminium smelter by-products. The company also engages in near-term bauxite production for the aluminium, cement, and fertilizer industries.
Average Trading Volume: 2,824,160
Technical Sentiment Signal: Buy
Current Market Cap: A$29.8M
For a thorough assessment of ABX stock, go to TipRanks’ Stock Analysis page.