ABx Produces Higher-Grade Rare Earth Carbonate from Deep Leads Deposit

The latest update is out from ABx Group Limited ( (AU:ABX) ).

ABx Group has reported the successful production of a second high-purity mixed rare earth carbonate sample from its Deep Leads deposit in northern Tasmania, processed by ANSTO using column leach testwork. The latest sample shows higher proportions of in-demand heavy rare earths such as dysprosium and terbium, lower levels of the least valuable cerium, and extremely low impurity levels of aluminium and iron, with uranium and thorium contents remaining within international exemption criteria.

The improved product quality confirms that ABx can generate a high-grade mixed rare earth carbonate using either tank or column leach methods, giving the company flexibility to optimise project design and operating costs. This second sample will be used to supply more potential customers and offtake partners and supports ABx’s positioning as a prospective low-cost, non-Chinese source of heavy rare earths, a segment where supply risk is acute and price premiums are evident in international markets.

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 clay-hosted rare earth deposits, particularly the Deep Leads resource in northern Tasmania. The company is advancing production of high-purity mixed rare earth carbonate products containing valuable heavy rare earth elements used in high-performance permanent magnets and advanced technologies.

Average Trading Volume: 2,379,684

Technical Sentiment Signal: Hold

Current Market Cap: A$26.85M

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