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ABx Group Limited (ASX:ABX)

ALERT: Price-sensitive ASX Announcement for ABX
Current share price for ABX : $0.043 -0.034 (-44.16%)+
Announcement
Release
11 Mar 2026 8:34AM
Price at Release
$0.077
Full Release
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Summary
ABx Group Limited, an Australian company, has been announced as a partner in two significant Australian Government-funded R&D programs focused on critical minerals. The company is involved in the Critical Metals for Critical Industries Cooperative Research Centre, which will receive $53 million from the government to advance critical minerals refining technologies. This initiative aims to create new jobs and export opportunities by enhancing Australia's mineral processing capabilities. Additionally, ABx, in collaboration with TeraGlo, has been awarded a $2.4 million grant under the Critical Technologies Challenge Program to develop an innovative quantum-enabled geometallurgy sensor for clay-hosted rare earths. This project seeks to bring quantum precision to field operations, reducing lab-based assay delays. Both programs are expected to accelerate the development and value creation of ABx’s ionic clay rare earth project in northern Tasmania.
Key Points
  • ABx is a partner in the Critical Metals for Critical Industries Cooperative Research Centre.
  • The CRC has been awarded $53 million by the Federal Government.
  • ABx and TeraGlo received a $2.4 million grant for a quantum-enabled geometallurgy sensor.
  • The projects aim to enhance the value of ABx’s rare earth projects in Tasmania.
  • ABx's involvement is expected to create jobs and improve Australia's mineral processing capabilities.
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.