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ABx Group Limited (ASX:ABX)

ALERT: Price-sensitive ASX Announcement for ABX
Current share price for ABX : $0.043 -0.021 (-32.81%)+
Announcement
Release
20 Mar 2026 9:54AM
Price at Release
$0.064
Full Release
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Summary
ABx Group Limited has received highly favourable feedback from Rare Earth Technologies, Inc. (RETi) regarding their maiden mixed rare earth carbonate (MREC) from the Deep Leads project in Tasmania. RETi confirmed that the MREC is of high quality and suitable for their separation process. ABx and RETi are in discussions to supply ABx MREC to RETi, with plans for potential commercial production. The feedback underscores the value of the Deep Leads MREC and affirms ABx's strategy to focus on rapid project advancement and low-cost operation.
Key Points
  • ABx Group received positive feedback for its MREC from RETi.
  • The MREC is from the Deep Leads project in Tasmania.
  • RETi confirmed the high quality and purity of ABx's MREC.
  • ABx and RETi to discuss MREC supply arrangements.
  • ABx aims for rapid commercial production of MREC.
  • RETi's process proved compatible with ABx's MREC.
  • ABx focuses on low-cost extraction and high product quality.
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.