ABx Group Limited (AU:ABX) has released an update.
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ABx Group Limited has received a $1 million conditional loan from the Tasmanian Government to support the construction of a pilot plant in Tasmania. This plant will utilize a proprietary process by ALCORE to produce industrial chemicals from waste, promoting a circular economy. The initiative marks a significant step towards commercial-scale recycling of fluorine waste into valuable chemicals.
For further insights into AU:ABX stock, check out TipRanks’ Stock Analysis page.
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