ABx Group Strengthens Position in Rare Earths and Advances Key Projects

ABx Group Limited ( (AU:ABX) ) has shared an announcement.

ABx Group Limited has highlighted its strategic positioning in the rare earths market amidst global trade policy changes, with its Tasmanian resource poised to meet Western supply chain needs. The company has developed remote sensing technology to enhance exploration and identified promising drilling targets. In fluorine waste recycling, ABx is advancing its continuous pilot plant, with equipment orders placed and environmental guidelines received. The bauxite segment sees ongoing discussions for supply from the Sunrise Bauxite Project and progress in the DL130 Bauxite Project in Tasmania. The company also secured additional funding through convertible notes.

More about ABx Group Limited

ABx Group Limited is an Australian company focused on providing materials for a cleaner future. The company operates in the rare earths, fluorine waste recycling, and bauxite mining industries. It supplies light and heavy rare earths, recycles industrial chemicals from aluminium smelter waste, and mines bauxite for the aluminium, cement, and fertiliser industries.

YTD Price Performance: 5.00%

Average Trading Volume: 175,327

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$10.54M

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