In this interview, ABx Group (ASX:ABX) Managing Director Mark Cooksey discusses major progress for ABX Group’s ALCORE pilot plant project. The company has secured a lease agreement with Rio Tinto for a building adjacent to the major’s Bell Bay aluminium smelter in northern Tasmania, marking a pivotal step towards recycling aluminium smelter waste into valuable industrial chemicals.
Key Highlights:
1️⃣ Lease agreement secured: ABx Group signs a lease agreement with Rio Tinto for a building to house its continuous pilot plant.
2️⃣ Government support: The Tasmanian government provides a $1 million loan to help fund the project.
3️⃣ Pilot plant construction: The building will be transformed into a fully operational pilot plant by the end of the year, featuring chemical reactors and ample storage for materials.
Watch the full interview to learn more about these milestone developments and the future of the project.
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