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ABx Accelerates Rare Earths Drilling and ALCORE Pilot Amid Global Supply Risks
4:54am on Monday 2nd of June, 2025 AEST
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Mining
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ABx Accelerates Rare Earths Drilling and ALCORE Pilot Amid Global Supply Risks
4:54am on Monday 2nd of June, 2025 AEST
Key Points
Rare earths exploration accelerated with new remote sensing technology and drilling in Tasmania
ALCORE pilot plant equipment orders placed, targeting late 2025 delivery
Environmental permits approved for bauxite projects in Tasmania; strong interest in Queensland Sunrise project
Second tranche of $1.33 million raised via convertible notes
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