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ABx Group Limited (ASX:ABX)

ALERT: Price-sensitive ASX Announcement for ABX
Current share price for ABX : $0.045 0.002 (4.65%)+
Announcement
Release
2 Jul 2026 9:34AM
Price at Release
$0.043
Full Release
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Summary
ABx Group Limited is advancing its ALCORE process, which offers a cost-competitive and sustainable alternative to the traditional fluorspar method for producing hydrogen fluoride. This process, which uses aluminium smelter bath as a feedstock, significantly reduces production costs and enhances supply security for Australia. With indicative production costs positioned in the lowest quartile and supported by a potential 30-60% operating margin, ALCORE aims to establish an alternative fluorine supply chain in Australia, mitigating reliance on imports. The project has garnered support from industry and government, with a pilot plant under construction in Tasmania.
Key Points
  • ABx Group Limited is focused on producing hydrogen fluoride using its proprietary ALCORE process, which presents a potential cost advantage over the traditional fluorspar process.
  • The ALCORE process utilizes aluminium smelter bath, a by-product of aluminium smelting, as an alternative to imported fluorspar.
  • The indicative operating cost of ALCORE is estimated to be between US$1,000-$1,600 per tonne, placing it in the lowest quartile for hydrogen fluoride production costs.
  • ALCORE's process is expected to deliver a 30-60% operating margin, improving supply security and economic attractiveness.
  • The process aims to establish an alternative strategic fluorine supply chain in Australia, reducing reliance on imported fluorine products.
  • The ALCORE pilot plant is being constructed with support from Rio Tinto and the Tasmanian Government.
  • Australia has been 100% reliant on imports for anhydrous hydrogen fluoride since 1995, presenting a strategic vulnerability that ALCORE aims to address.
  • The global fluorspar market is facing supply constraints and rising prices, making ALCORE a potentially more sustainable and economical alternative.
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.