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ABx Group Limited (ASX:ABX) has achieved exceptional results from large-batch tests at its Deep Leads Ionic Clay Rare Earth Project in northern Tasmania, confirming over 98% retention of rare earth elements with near-complete impurity removal. Conducted by ANSTO, the trials showed minimal aluminium contamination (Al:TREE ratio < 0.005), indicating the potential to produce a high-purity mixed rare earth carbonate (MREC) at low cost.
The project’s high dysprosium (Dy) and terbium (Tb) content, combined with efficient low-cost leaching, strengthens ABx’s competitive position in the rare earths market. Production of the first MREC product sample is scheduled for late November, with distribution planned to prospective customers and offtake partners. Managing Director Dr. Mark Cooksey said the results confirm the project’s quality and reinforce growing customer interest in ABx’s clean-energy materials.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.