ABx Group Limited (AU:ABX) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
ABx Group Limited has strengthened its rare earth project in Tasmania by signing a Memorandum of Understanding with Ucore, aiming for a binding offtake agreement and potential investment. The company achieved a significant increase in fluorine recovery in its ALCORE project and continues negotiations for long-term bauxite supply contracts. Additionally, ABx received a grant to support its exploration activities, enhancing its position in the clean materials sector.
For further insights into AU:ABX stock, check out TipRanks’ Stock Analysis page.