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ABx Group Limited (ASX:ABX)

ALERT: Price-sensitive ASX Announcement for ABX
Current share price for ABX : $0.051 -0.054 (-51.43%)+
Announcement
Release
31 Oct 2025 9:42AM
Price at Release
$0.105
Full Release
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Summary
ABx Group Limited's quarterly report for the period ending 30 September 2025 highlights significant progress in their operations aimed at providing materials for a cleaner future. The company achieved multiple technical milestones in their heavy rare earths project, focusing on light and heavy rare earths from Tasmania. They reported high extraction rates for rare earth elements under benign conditions, with plans to provide samples to potential customers. In terms of bauxite production, ABx is working on agreements with Good Importing International to develop projects in Queensland and New South Wales. The company's financial activities included a completed placement to support these projects and an R&D tax offset for rare earth activities. In their Appendix 5B cash flow report, the company detailed cash movements including operating and investing activities, showing a net increase in cash and cash equivalents.
Key Points
  • Technical milestones achieved in heavy rare earths project.
  • High extraction rates for rare earth elements from Tasmania.
  • Agreements with Good Importing International for bauxite projects.
  • Completed $3 million placement for project advancement.
  • R&D tax offset received for rare earth activities.
  • Detailed cash flow activities in Appendix 5B report.
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.