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ABx Group Limited (ASX:ABX)

ALERT: Price-sensitive ASX Announcement for ABX
Current share price for ABX : $0.043 -0.041 (-48.81%)+
Announcement
Release
23 Jan 2026 9:55AM
Price at Release
$0.084
Full Release
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Summary
ABx Group Limited reported highly successful results from two rare earth column leach tests conducted by the Australian Nuclear Science and Technology Organisation (ANSTO) on bulk samples from the Deep Leads project in Tasmania. The tests achieved more than 80% extraction of total rare earths, including over 70% extraction of valuable heavy rare earths like dysprosium and terbium. These results indicate the feasibility of heap leaching, which could be more cost-effective and flexible compared to tank leaching. The column leach product also showed higher heavy earth content with low impurities, enhancing its market value. ABx plans to engage ANSTO to produce another mixed rare earth carbonate (MREC) sample for potential customers. These findings will inform further process flowsheet studies, aiming to optimize the production process.
Key Points
  • Successful rare earth column leach tests conducted by ANSTO.
  • More than 80% extraction of total rare earths achieved.
  • Over 70% extraction of dysprosium and terbium, valuable heavy rare earths.
  • Heap leaching may be more cost-effective and flexible than tank leaching.
  • Column leach product has higher heavy earth content with low impurities.
  • ABx plans to produce another MREC sample for potential customers.
  • Results will inform further process optimization studies.
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.