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ABx Advances Rare Earths and Bauxite Projects Amid Rising Global Demand

6:31pm on Sunday 1st of June, 2025 AEST Mining
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ABx Advances Rare Earths and Bauxite Projects Amid Rising Global Demand

6:31pm on Sunday 1st of June, 2025 AEST
Key Points
  • Improved geological model and in-house testing for rare earths in Tasmania
  • Lease secured for continuous pilot plant producing hydrogen fluoride and aluminium fluoride
  • Tasmanian Government offers $1 million conditional loan to support ALCORE pilot plant
  • Global bauxite prices surge, boosting value of ABx's bauxite assets
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