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Montserrat

ABx Group (ASX:ABX) is continuing commercial discussions with potential strategic investors that included the possibility of an alternative location for  the continuous pilot plant to produce hydrogen fluoride and aluminium fluoride from aluminium smelter waste.

The initial site proposed was the ALCORE Technology Centre in New South Wales.

Until the commercial discussions are finalised, the ordering of continuous pilot plant reactors are being deferred.

At the Sunrise Bauxite Project in Queensland, the $15.5 million market capitalisation company is continuing negotiations with multiple offtake partners for potential long-term supply contracts.

ABx has also completed remodelling of the Binjour mine plan which aimed to further enhance functionality and maximise operational efficiency.

During Q1 2024, ABx conducted a 66-hole drilling campaign at the Wind Break deposit in Tasmania. The company says  assays confirm that its deposits have the “highest proportion of the most valuable permanent magnet rare earths of any clay-hosted rare earths resource in Australia”.

Read the full article here and don't forget to post your questions. 

Mining.com.au - ABx continues discussions with strategic investors, offtake partners