InvestSMART

ABx Group Limited (ASX:ABX)

ALERT: Price-sensitive ASX Announcement for ABX
Current share price for ABX : $0.042 -0.036 (-46.10%)+
Release
20 Jan 2026 9:29AM
Price at Release
$0.077
Full Release
download
Summary
ABx Group Limited has expanded its exploration of rare earth elements through the successful application of its sophisticated exploration technology. The company has identified additional rare earth mineralization, expanding target areas within the tenements EL27/2022 and EL28/2022. The exploration was conducted using scout drilling, resulting in the discovery of significant rare earth elements, including Total Rare Earth Oxides (TREO) and other valuable minerals. ABx Group is seeking to extend its reach by securing additional tenure immediately west of the current exploration sites. This region, characterized by high-quality infrastructure and favorable access, is primarily used for sheep and cattle grazing and timber growing. ABx Group has a longstanding commitment to working harmoniously with local landowners, ensuring operations align with sound agricultural practices.
Key Points
  • ABx Group Limited expands exploration of rare earth elements.
  • Successful application of sophisticated exploration technology.
  • Identification of additional rare earth mineralization in EL27/2022 and EL28/2022.
  • Significant rare earth elements discovered through scout drilling.
  • ABx seeks to secure additional tenure west of current sites.
  • Region characterized by excellent infrastructure and access.
  • Commitment to sound agricultural practices in collaboration with local landowners.
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.