ABx Group Ltd.

ABx Group Ltd. announced that it has discovered several new areas of ionic adsorption clay rare earths with high extraction at its Deep Leads project in northern Tasmania. Ionic rare earths are low cost to extract, so these results significantly increase the commercial potential of the Deep Leads project. As a result of identifying new areas with high extraction, the project development stage has now commenced and will [...]

Meryllion Resources Ltd was recently featured on The Ellis Martin Report on Money Talk Radio, where Managing Director Rick Revelins discussed the company's diversified exploration portfolio spanning Nevada and Tasmania. Meryllion is advancing a gold, silver, and antimony project in Nye County, Nevada, located near established producers, including Kinross Gold's Bald Mountain operation. The company believes the project has [...]

ABx Group Ltd. announced it has received firm commitments to raise $6,050,000 via a successful placement to sophisticated and professional investors. Firm commitments received to raise approx. $6 million via a successful share placement to sophisticated and professional investors Proceeds will be used to: - Rapidly advance the Deep Leads rare earth project in Tasmania, an ionic absorption clay resource with the highest [...]

ABx Group Ltd. reported the latest results from their program to produce a mixed rare earth carbonate product from its Deep Leads ionic adsorption clay rare earth project, located 45km west of Launceston in northern Tasmania. - Over 98% of total rare earth elements retained with near-complete removal of major impurities - First mixed rare earth carbonate product sample on track for delivery by end of November This work [...]

Australian Bauxite Ltd. is pleased to report on early results from an exploration project carried out over the last 15 months involving rare earth elements that occur within the ABx bauxite horizon. Assaying is by the NATA-registered ALS commercial laboratory, Brisbane. This exploration project was undertaken despite the difficult pandemic year and major results are: - Clays at Binjour bauxite deposit in QLD were found to [...]

Australian Bauxite Ltd.'s engineering, research and development costs continued for Binjour Project, exploration lab research and for Alcore and totalled $442,000, as recorded in Appendix 5B, including Alcore's research into Aluminium Fluoride technology, bauxite beneficiation and exploration, excluding staff and other administration costs. ABx again tested our logistics and mining contractors in delivering a significant [...]

Australian Bauxite Ltd. is pleased to advise that Dr Mark Cooksey has permanently joined ABx's technology subsidiary ALCORE Limited . Dr Cooksey was first appointed General Manager of Alcore and then CEO , on a leave arrangement from Australia's national science agency, CSIRO. This appointment is now permanent, and he will lead Alcore's development and commercialisation of a new process for aluminium fluoride production [...]

Australian Bauxite Ltd. provides the following economic assessment of its 89% owned subsidiary ALCORE Limited and in particular work being undertaken to process aluminium fluoride by Alcore . - AlF3 is a strategically important mineral because it is an essential ingredient for aluminium smelting. It is also being investigated for advanced lithium-ion batteries - Australasian aluminium smelters currently rely entirely on [...]

Australian Bauxite Ltd. announces the Mining Lease Application for fully-funded Sunrise Bauxite Project, Binjour QLD. -ABx's wholly-owned subsidiary ABx3 Pty Ltd has lodged a mining lease application for the Sunrise Bauxite Project to develop the Binjour Bauxite discovery, located 25kms west of Gayndah and 115km southwest from the export port of Bundaberg, Queensland - see Fig 1* - Development costs totalling $15 million [...]

Australian Bauxite Ltd. during the quarter, delivered 509 tonnes of fertiliser grade bauxite from the Bald Hill Bauxite Project at Campbell Town to regularly supply bauxite to the fertiliser plant operated by Impact Fertilisers in Hobart, Tasmania. Corporate - Group available cash at the end of the quarter was $1.7 million and is currently is about $1.3 million. - Sales of cement and fertiliser grade bauxites totalled [...]