Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest announcement is out from ABx Group Limited ( (AU:ABX) ).
ABx Group Limited has announced the production of its first mixed rare earth carbonate (MREC) sample from its Deep Leads resource in Tasmania, which contains high proportions of valuable heavy rare earths like dysprosium and terbium. This positions ABx’s MREC with a basket price significantly higher than its peers, potentially enhancing its competitive edge in the market. The company will discuss this development in an investor webinar, providing stakeholders an opportunity to engage directly with management.
More about ABx Group Limited
ABx Group Limited is an Australian company focused on delivering materials for a cleaner future. It operates in three main areas: heavy rare earths, clean fluorine chemical production, and near-term bauxite production. The company supplies light and heavy rare earths from Tasmania into Western supply chains, produces industrial chemicals from aluminium smelter by-products, and mines bauxite resources for the aluminium, cement, and fertiliser industries. ABx is committed to best practices on agricultural land, ensuring environmental sustainability.
Average Trading Volume: 3,492,164
Technical Sentiment Signal: Buy
Current Market Cap: A$24.27M
For detailed information about ABX stock, go to TipRanks’ Stock Analysis page.