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ABx Group Limited ( (AU:ABX) ) has issued an announcement.
ABx Group Limited has amended its March Quarterly Activities/Appendix 5B Cash Flow Report, removing a peer comparison and adding details about financing facilities. The company is strategically positioned to benefit from global supply chain shifts in rare earths, driven by geopolitical factors such as U.S. executive orders and Chinese trade restrictions. ABx is advancing its rare earth exploration in Tasmania using innovative remote sensing technology and has made progress in its fluorine waste recycling and bauxite mining projects, with key equipment orders placed and environmental approvals obtained.
More about ABx Group Limited
ABx Group Limited is an Australian company focused on delivering materials for a cleaner future. The company operates in the rare earths, fluorine waste recycling, and bauxite mining sectors. It supplies light and heavy rare earths from Tasmania into Western supply chains, recycles fluorine waste to produce industrial chemicals, and mines bauxite for the aluminium, cement, and fertiliser industries.
Average Trading Volume: 190,548
Technical Sentiment Signal: Sell
Current Market Cap: A$11.04M
For an in-depth examination of ABX stock, go to TipRanks’ Stock Analysis page.