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ABx Group Limited (ASX:ABX)

ALERT: Price-sensitive ASX Announcement for ABX
Current share price for ABX : $0.045 -0.024 (-34.78%)+
Announcement
Release
27 Mar 2026 8:31AM
Price at Release
$0.069
Full Release
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Summary
The document reports on the progress of ABx Group Limited's hydrogen fluoride pilot plant construction in Bell Bay, Tasmania, through their subsidiary ALCORE Limited. Significant progress includes the submission of the Environmental Effects Report (EER) to the EPA Tasmania, indicating compliance with environmental management standards. The project is advancing with civil, mechanical, and electrical designs nearing completion, and the first equipment delivery expected in April 2026. Construction and commissioning are planned for Q2 and late Q3 2026, respectively. Hydrogen fluoride, a key chemical for several industries like semiconductors and solar cells, is currently imported by Australia, which does not produce it domestically. The pilot plant aims to mitigate this import dependency. The ALCORE team has expanded with the hiring of two Senior Process Engineers, enhancing project execution capabilities. The importance of this project is also emphasized by its potential to produce aluminium fluoride, essential for aluminium smelting.
Key Points
  • Environmental Effects Report (EER) submitted for the hydrogen fluoride pilot plant in Tasmania.
  • Civil, mechanical, and electrical designs for the pilot plant are progressing.
  • First equipment delivery scheduled for April 2026.
  • Construction and commissioning anticipated to commence in Q2 and late Q3 2026 respectively.
  • Hydrogen fluoride is crucial for various industries, including semiconductors and solar cells.
  • Australia imports all its hydrogen fluoride needs; the project aims to address this deficit.
  • ALCORE team expanded with two additional Senior Process Engineers.
  • Strategic importance of hydrogen fluoride linked to aluminium fluoride production.
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.