BUZZ-Australia's ABx Group rises after co signs lease agreement with Rio Tinto Aluminium

Reuters
01-15
BUZZ-Australia's ABx Group rises after co signs lease agreement with Rio Tinto Aluminium

** Shares of ABx Group Ltd ABX.AX rise 16.7% to A$0.041, set for their strongest trading session since Dec 27, 2024, if gains hold

** Stock hits highest level since Jan 3, 2025

** The material-focused tech co says its unit signed a lease agreement with Rio Tinto Aluminium for industrial facility in northern Tasmania

** Says unit to set up pilot plant at facility for producing industry chemicals

** About 835,905 shares change hands, 6.8x the 30-day average of 122,307 shares

** ABx Group stock down 43.1% last year

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.shaikh@thomsonreuters.com;))

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