What is the story about?
What's Happening?
ABX Group is progressing with its ALCORE pilot plant in Tasmania, which aims to transform aluminium smelter waste into hydrogen fluoride for industrial and rare earth applications. The project is led by Managing Director Mark Cooksey, who highlights the global interest in hydrogen fluoride and its potential uses in rare earth metals. The pilot plant is part of ABX Group's focus on specialty chemicals and sustainable resource development, with equipment installation and pilot production timelines currently underway.
Why It's Important?
The development of the ALCORE pilot plant represents a significant step towards sustainable resource management and the reduction of waste in the aluminium industry. By converting waste into valuable rare earth elements, ABX Group is contributing to the circular economy and reducing environmental impact. This initiative could lead to new opportunities in the rare earth market, which is critical for various high-tech applications, including electronics and renewable energy technologies.
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