ABx joins government-backed R&D push to accelerate rare earths development

An update from ABx Group Limited ( (AU:ABX) ) is now available.

ABx Group has become a partner in two Australian Government-backed critical minerals R&D initiatives, strengthening its position in the rare earths sector. The company will play a leading role in the new Critical Metals for Critical Industries Cooperative Research Centre, which has secured $53 million in federal funding and additional industry support to advance refining and recovery technologies for high-value critical minerals.

Through a separate program, ABx is partnering with TeraGlo, Adelaide University’s Institute for Photonics and Advanced Sensing, and Australian Rare Earths on a $2.4 million grant to develop a quantum-enabled in-field geometallurgy sensor for clay-hosted rare earths. These collaborations are expected to accelerate development and enhance the value of ABx’s ionic clay rare earth project in northern Tasmania, potentially improving its competitive position and creating more efficient exploration and processing pathways.

The most recent analyst rating on (AU:ABX) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on ABx Group Limited stock, see the AU:ABX Stock Forecast page.

More about ABx Group Limited

ABx Group Limited is an Australian resources company focused on developing ionic adsorption clay rare earth projects, particularly in northern Tasmania. Leveraging expertise in geology, metallurgy and chemical engineering, the company targets critical minerals used in advanced technologies and aims to add value through refining innovation and R&D partnerships.

Average Trading Volume: 2,345,498

Technical Sentiment Signal: Hold

Current Market Cap: A$23.22M

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