InvestSMART

ABx Group Limited (ASX:ABX)

ALERT: Price-sensitive ASX Announcement for ABX
Current share price for ABX : $0.023 -0.02 (-46.51%)+
Announcement
Release
13 Jul 2026 9:56AM
Price at Release
$0.043
Full Release
download
Summary
ABx Group Limited announced significant progress in the construction of the ALCORE pilot plant at the Bell Bay industrial precinct in Tasmania. The project aims to demonstrate the ALCORE process for producing hydrogen fluoride, a critical chemical for industries such as electronics and aluminium smelting. The pilot plant construction includes major civil works, electrical upgrades, and equipment installation, with a focus on safety, particularly concerning hydrogen fluoride production. The plant is strategically important due to Australia's lack of domestic hydrogen fluoride production and heavy reliance on imports. Efforts are being synchronized with environmental assessments and regulatory requirements, and the plant is scheduled for cold commissioning by early Q2 2027.
Key Points
  • Building permit for ALCORE pilot plant construction received and civil works commenced.
  • Pilot plant located adjacent to Rio Tinto's Bell Bay aluminium smelter in Tasmania.
  • ALCORE process focuses on producing hydrogen fluoride from an aluminium smelting by-product.
  • Australia imports all its hydrogen fluoride due to lack of domestic production.
  • Strategic significance due to China's dominance in global fluorspar supply.
  • ALCORE process may place production costs in the lowest quartile globally.
  • Pilot plant construction includes civil works, electrical upgrades, and equipment installation.
  • Environmental assessments are in progress to ensure regulatory compliance.
  • Cold commissioning of the pilot plant is scheduled for early Q2 2027.
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.