ABx Group (ASX:ABX) said demolition and the removal of legacy equipment at its 83%-owned subsidiary ALCORE at its Technology Center in Tasmania was completed, and the unit is preparing the center to receive the pilot plant equipment packages, according to a Wednesday Australian bourse filing.
Auxiliary systems were manufactured by external suppliers and will be delivered and installed after equipment foundations and utilities are prepared.
Detailed mechanical designs and fabrication drawings have been completed for two of three major process equipment packages.
The firm's shares rose over 1% in recent trading on Wednesday.