Australia's ABx Group jumps on rare-earths find in northern Tasmania

ABx

06/09/2022 05:11

** Shares of mineral explorer ABx Group Ltd  ABX.AX  rise as
much as 20% to A$0.15, set for their best day since July 7, if
gains hold
    ** ABx says it has expanded lateral extent of Rare Earth
Elements (REE) mineralisation by 230% at its Deep Leads REE
project in northern Tasmania  urn:newsml:reuters.com:*:nASX7VpFX9
    ** Stock jumps to its highest level since Aug 16
    ** Co says it has started its maiden REE resources
estimation for Deep Leads
    ** ABx shares up 27.6% YTD, as of last close 

 (Reporting by Nausheen Thusoo)
 ((Nausheen.Thusoo@thomsonreuters.com;))