# ABx Group Limited \(ASX:ABX\) New Areas of Ionic Rare Earth Elements with High Extraction Discovered

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/abx-group-limited-asx-abx-new-areas-of-ionic-rare-earth-elements-with-high-extra--9b2d9398-6dd3-4472-9f6a-2e60bc7423e4

Original source: https://money.tmx.com/en/quote/UCU/news/4855152172191297/abx-group-limited-asx-abx-new-areas-of-ionic-rare-earth-elements-with-high-extra

Publisher: tmx

Original announcement: 2026-03-10T00:07:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: Discovery of new ionic adsorption clay areas

- Positive factor: High extraction rates \(&gt;80% reported by ANSTO\)

- Positive factor: Significant extension of mineralized footprint \(&gt;2km from known areas\)

- Positive factor: Low-cost extraction profile

Facts used in scoring: 4

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Story-specific tag

Definition: 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 Resource**

Polarity: neutral

Definition: 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)

### leach

[Link to this fact](https://atlas-staging.minestarters.com/news/abx-group-limited-asx-abx-new-areas-of-ionic-rare-earth-elements-with-high-extra--9b2d9398-6dd3-4472-9f6a-2e60bc7423e4#fact-metallurgical-facts-0)

rare\_earths

#### 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 factor: Exceeding 80% extraction

Evidence · text

> leach tests by ANSTO on a bulk sample achieved extraction exceeding 80%

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/abx-group-limited-asx-abx-new-areas-of-ionic-rare-earth-elements-with-high-extra--9b2d9398-6dd3-4472-9f6a-2e60bc7423e4#fact-metallurgical-facts-1)

rare\_earths

#### 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&amp;I breakdown in text, likely heavily inferred given the 'discovery' context.

- Positive factor: Large tonnage

- Positive factor: High Dy+Tb proportion

- Negative factor: 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 3

[Link to this fact](https://atlas-staging.minestarters.com/news/abx-group-limited-asx-abx-new-areas-of-ionic-rare-earth-elements-with-high-extra--9b2d9398-6dd3-4472-9f6a-2e60bc7423e4#fact-metallurgical-facts-2)

dysprosium

#### 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 factor: High grade for MREC

Evidence · text

> including 4.0% Dy and 0.7% Tb as a percentage of total rare earths

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/abx-group-limited-asx-abx-new-areas-of-ionic-rare-earth-elements-with-high-extra--9b2d9398-6dd3-4472-9f6a-2e60bc7423e4#fact-metallurgical-facts-3)

terbium

#### 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 factor: 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.
