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ABx Group Limited (ASX:ABX)

ALERT: Price-sensitive ASX Announcement for ABX
Current share price for ABX : $0.043 -0.024 (-35.82%)+
Announcement
Release
12 Dec 2025 9:43AM
Price at Release
$0.067
Full Release
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Summary
ABx Group Limited has secured a new exploration licence EL25/2022 in northern Tasmania, expanding its rare earths tenure in the region. This licence, which covers 18 km² between the Rubble Mound and Wind Break deposits, forms part of an 89 million tonne rare earth resource with significant levels of valuable elements such as dysprosium and terbium. ABx has successfully produced its first mixed rare earth carbonate (MREC) with higher proportions of heavy rare earths, which enhances its market value. The company, committed to sustainable practices, aims to expand its activities while ensuring environmental protection and community support.
Key Points
  • ABx Group Limited has been granted Exploration Licence EL25/2022 in northern Tasmania for an initial five-year term.
  • The licence covers 18 km² between the Rubble Mound and Wind Break deposits.
  • ABx Group's resource estimate includes 89 million tonnes of rare earth resources with high levels of dysprosium and terbium.
  • The company has produced its first mixed rare earth carbonate (MREC) product in collaboration with ANSTO.
  • ABx's MREC has a high proportion of heavy rare earths, leading to a higher basket price than peers.
  • The expansion of tenure in northern Tasmania offers potential for further project growth.
  • ABx Group operates under a policy to protect agricultural lands and only operate in community-welcomed areas.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.