Australia's ABx Group gains as hydrogen fluoride pilot plant meets milestone

ABx

Today 04:00

** Shares of Australia's ABx Group ABX.AX rise as much as 13.6% to A$0.025, marking their biggest intraday pct gain since March 10
** Rare earths explorer says manufacture of major process equipment for its hydrogen fluoride pilot plant in Tasmania is substantially complete
   ** Adds environmental approvals are progressing, with Tasmania's Environment Protection Authority having accepted the project's environmental effects report for final assessment
** Co expects to commission the pilot plant in the second quarter of 2027 to demonstrate its hydrogen fluoride production process
** Nearly 2 million shares change hands, about 2.3x the 30-day average
** Stock down 67.1% YTD

 (Reporting by Subhalakshmi Dey in Bengaluru)
 ((Subhalakshmi.Dey@thomsonreuters.com;))