ABx Group Ionic Clay Rare Earths Project
Sector: Aerospace & Defense • Location: Tasmania, Australia
Source: Investor News
ABx Group Limited is developing a project to produce mixed rare earth carbonate (MREC) from ionic clay deposits in Tasmania. The project focuses on extracting heavy rare earth elements dysprosium and terbium, essential for high-performance permanent magnets used in electric vehicles, wind turbines, and defense technologies. The project benefits from relatively simple and lower-cost metallurgy, hig
- Status
- Prospective
- Sector
- Aerospace & Defense, Wind, Electric Vehicles (EVs), Metal, Automotive
- Location
- Tasmania, Australia
- Updated
- 22 Jul 2026
- Source
- Investor News
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Project Information
Participants
| Not available for this record. |
Status
Original status | advancing engineering studies and exploration |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | ABx Group Limited is developing a project to produce mixed rare earth carbonate (MREC) from ionic clay deposits in Tasmania. The project focuses on extracting heavy rare earth elements dysprosium and terbium, essential for high-performance permanent magnets used in electric vehicles, wind turbines, and defense technologies. The project benefits from relatively simple and lower-cost metallurgy, high heavy rare earth content, and proximity to established infrastructure in Tasmania. ABx is advancing engineering studies, exploration, and metallurgical work with the goal to move toward production within a few years, initially at modest scale. |
Original sector | Critical Minerals & Rare Earths |
Location
Country | Australia |
State | Tasmania |
Source
Source | Investor News |
URL |
More Details
Record type | Project |
Sector | Aerospace & Defense, Wind, Electric Vehicles (EVs), Metal, Automotive |
Article published date | 2026-03-19 |
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