ABx Group Limited (ASX:ABX) New Areas of Ionic Rare Earth Elements with High Extraction Discovered
Original announcement by tmx on
- Company
- ABx Group Limited
- Ticker
- ABX
- Exchange
- TSX
- Region
- Tasmania
- Primary commodity
- Rare earths
- Secondary commodities
- Dysprosium, Terbium, Neodymium, Praseodymium, Gadolinium, Holmium, Erbium, Yttrium
- Document categories
- Metallurgy, Resource update
- Extracted
- 2026-08-21 01:22:54 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
ABx Group has discovered new areas of high-extraction ionic adsorption clay rare earths at its Deep Leads project in Tasmania. These results, confirmed via in-house and ANSTO leach testing, suggest a substantial extent of low-cost ionic deposits and have moved the project into the development stage.
Reasoning: The discovery of new ionic clay areas with high extraction potential significantly de-risks the project economics and expands the known resource footprint.
Positive factors
- Discovery of new ionic adsorption clay areas
- High extraction rates (>80% reported by ANSTO)
- Significant extension of mineralized footprint (>2km from known areas)
- Low-cost extraction profile
Facts used in scoring: 4
Classification and evidence
Step-Out Extensionpositive · Story-specific tag
Mineralization extended beyond the previously known limit.
Why it applies: Identified new areas more than 2 km distant from previously known high extraction samples.
Evidence · text
“identified three samples with a high ionic component that are more than 2 km distant from the nearest sample that was previously known to have high extraction”
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
Why it applies: The text refers to the 'maiden MREC produced from these bulk tests'.
Evidence · text
“The maiden MREC produced from these bulk tests”
Extracted facts
Stored fact records: 4. Some facts used in scoring do not have a stored record.
Metallurgical Results (4)
leachrare_earthsRecovery: 80 %View all detailsHide details
Identity
- Commodity
- rare_earths
- Ticker
- ABX
Test Work
- Program Status
- detailed
- Test Type
- leach
- Processing Route
- standard low-cost process for ionic rare earths
- Sample
- ANSTO bulk sample
Recovery
- Recovery
- 80 %
- Recovery Basis
- actual_test
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-03-10T00:00:00.000Z
Reasoning: High extraction rate for ionic clay-hosted ores.
Positive factors
- Exceeding 80% extraction
Evidence · text
“leach tests by ANSTO on a bulk sample achieved extraction exceeding 80%”
Fact 2rare_earthsView all detailsHide details
Identity
- Commodity
- rare_earths
- Ticker
- ABX
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-03-10T00:00:00.000Z
Reasoning: Large scale resource but reported as JORC-compliant without specific M&I breakdown in text, likely heavily inferred given the 'discovery' context.
Positive factors
- Large tonnage
- High Dy+Tb proportion
Negative factors
- Inferred category
Evidence · text
“JORC-compliant mineral resource of 89 million tonnes at its Deep Leads - Rubble Mound and Wind Break deposits, 4 containing 36 ppm Dy+Tb”
Fact 3dysprosiumView all detailsHide details
Identity
- Commodity
- dysprosium
- Ticker
- ABX
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-03-10T00:00:00.000Z
Reasoning: High value heavy rare earth content in the MREC produced from bulk tests.
Positive factors
- High grade for MREC
Evidence · text
“including 4.0% Dy and 0.7% Tb as a percentage of total rare earths”
Fact 4terbiumView all detailsHide details
Identity
- Commodity
- terbium
- Ticker
- ABX
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-03-10T00:00:00.000Z
Reasoning: High value heavy rare earth content in the MREC produced from bulk tests.
Positive factors
- High grade for MREC
Evidence · text
“including 4.0% Dy and 0.7% Tb as a percentage of total rare earths”
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.