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The latest update is out from ABx Group Limited ( (AU:ABX) ).
ABx Group Limited has commenced drilling to expand its high-grade T8 rare earth elements mineralisation in Tasmania, following government and landholder approvals. The discovery of high-grade dysprosium and terbium, critical for modern technologies, positions ABx strategically amid China’s export restrictions on these elements, and the company is exploring low-cost, low-impact development methods.
More about ABx Group Limited
ABx Group Limited is an Australian company focused on rare earth elements (REE), particularly high-grade dysprosium (Dy) and terbium (Tb) found in ionic adsorption clay deposits. The company is engaged in rare earth projects in Tasmania and has strong ties with processing operations in the USA.
Average Trading Volume: 2,996,727
Technical Sentiment Signal: Buy
Current Market Cap: A$29.8M
For an in-depth examination of ABX stock, go to TipRanks’ Overview page.