ABX 0.00% 4.3¢ abx group limited

ABx Group Eyes Aluminium Industry’s Version of AdBlue, page-2

  1. 70 Posts.
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    I noticed a very interesting fact on page 4 of the ABX quarterly released on Jan 28 - aluminium fluoride imports from China fell by 50%.in 2021.

    Here's the text:
    "AlF3 is a strategically important mineral that is an essential ingredient for aluminium smelting
    and is being investigated for advanced lithium-ion batteries. Australia is the largest producer
    of primary aluminium metal without its own domestic AlF3 production, so Australian
    aluminium smelters rely entirely on imported AlF3. This is typically more than 70% from
    China, but this proportion has reduced by more than 50% in 2021, illustrating the supply
    risks (see Figure 2).
    The commercialisation of Alcore’s proprietary technology and development of Australia’s
    first AlF3 production plant would provide much-needed security of supply for Australasian
    aluminium smelters."

    I imagine Australia's 3 smelters will be quite happy to consider a stable domestic supply produced by ABX.
 
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