Abx Group Limited · ASX:ABX
Abx — Fluorine Forum 2025
17 slides from Abx's conference presentation, Oct 23, 2025
Slide 1: Clean fluorine chemical production from aluminium smelter by-product
For personal use only ASX:ABX Clean fluorine chemical production: producing industrial chemicals from aluminium smelter by-product FLUORINE FORUM 2025 Hotel Grand Dino, Baveno, Italy 23 October 2025
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by ABx Group Limited ACN 139 494 885 (“ABx” or the “Company”). It should not be considered as an offer or invitation to subscribe for or For personal use only purchase any securities in the Company or as an inducement to make an offer or invitation with
Slide 3: Delivering materials for a cleaner future
Heavy Rare Earths Supplying light and heavy rare earths from Tasmania into Western supply chains For personal use only Clean fluorine chemical production Producing industrial chemicals from Delivering materials aluminium smelter by-product for a cleaner future Near-term bauxite production Mining bau
Slide 4: Investment Proposition
INVESTMENT PROPOSITION For personal use only Low-cost hydrogen Team Strongly increasing demand Experienced and capable for fluorine fluoride production using Batteries aluminium smelter bath by-product Supply shortage No hydrogen fluoride produced in New fluorine source Will enable hydrogen Austr
Slide 5: Highly Experienced Team
HIGHLY EXPERIENCED TEAM For personal use only DR MARK COOKSEY JOYCELYN MORTON IAN LEVY XIAO LIANG Managing Director Non-Executive Chair Non-Executive Director Principal Engineer More than 20 years with Rio Tinto Over 30 years’ experience as an 30 years of senior management Over 15 years of e
Slide 6: Aluminium Smelter Bath
ALUMINIUM SMELTER BATH Used as electrolyte in aluminium smelting, because it dissolves alumina (Al2O3) and is electrically conductive Aluminium smelting Typical bath composition For personal use only Electricity Compound Chemical Formula Content (%) Aluminium Alumina Cryolite Na3AlF6 (3NaF.AlF3) 8
Slide 7: New Fluorine Source Available: Aluminium Smelter By-product
NEW FLUORINE SOURCE AVAILABLE: ALUMINIUM SMELTER BY-PRODUCT 50% of fluorine leaves aluminium smelting process New smelter requires bath to commence operations as aluminium smelter bath by-product New smelter short term bath demand long term bath For personal use only surplus Increasing glo
Slide 8: ALCORE Process
ALCORE PROCESS Smelter bath For personal use only Low technical risk Aluminium smelting Process is adaptation of existing commercial process to produce AIF3 HF Metal hydrogen fluoride from sulfates fluorspar Aluminium Hydrogen fluoride fluoride Exemplary demonstration e.g. Metal of circular econom
Slide 9: Process Flowsheet
PROCESS FLOWSHEET Smelter bath For personal use only 1.75t Metal HF production sulfates 3.20t Sulfuric acid 2.45t Hydrogen fluoride 1.00t Aluminium fluoride Existing commercial process 1.40t Alumina trihydrate AlF3 production 1.30t Water 0.90t Overall energy consumption: ~1 kWh/kg AlF3 9 ASX:ABX
Slide 10: Significant Cost Advantage of Replacing Fluorspar with Smelter Bath
SIGNIFICANT COST ADVANTAGE OF REPLACING FLUORSPAR WITH SMELTER BATH A rare opportunity that is financially, strategically and environmentally attractive For personal use only ALCORE process produces same hydrogen fluoride product using a much lower Utilities, Indicative Opertating Cost Utilities,
Slide 11: Vision for Clean Fluorine Chemicals Production Business
VISION FOR CLEAN FLUORINE CHEMICALS PRODUCTION BUSINESS COMMERCIALISATION GROWTH For personal use only Expansion Construct similar plants overseas Production Construct plant in Tasmania to produce hydrogen fluoride and aluminium fluoride from aluminium smelter by-product Value-adding Enable Australi
Slide 12: Pathway to Production: Project Development
PATHWAY TO PRODUCTION: PROJECT DEVELOPMENT ALCORE has first mover advantage For personal use only Commercial Commercial Laboratory Batch Pilot Continuous Pilot Stage 1 Stage 2 300g bath 3kg bath 20kg/h bath 200kg/h bath 4,400kg/h bath NSW NSW Tasmania 860t/y HF 20,000t/y HF $2m (lab) $50k $3m Ta
Slide 13: Batch Pilot Reactor Performance
BATCH PILOT REACTOR PERFORMANCE 4 kg crushed bath and 6 kg H2SO4 For personal use only 97% of fluorine extracted from bath as HF (two stage process)1 1ABX ASX Announcement, 30 October 2024 13 ASX:ABX
Slide 14: Continuous Pilot Plant – Bell Bay, Tasmania
CONTINUOUS PILOT PLANT – BELL BAY, TASMANIA Location Facility For personal use only ALCORE Pilot plant Bell Bay Leased from Rio Tinto at reduced rate1 aluminium Orders placed for all key equipment. Most of the smelter specialised equipment is being fabricated by experienced overseas suppliers2
Slide 15: Anticipated Project Milestones
ANTICIPATED PROJECT MILESTONES 2025 2026 2027 2028 2029 For personal use only Project Activities Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Continuous Pilot Plant Engineering Studies Environmental Approvals Commercial Stage 1 Plant Commercial Stage 2 Plant 15 ASX:ABX
Slide 16: Investment Proposition
INVESTMENT PROPOSITION For personal use only Low-cost hydrogen Team Strongly increasing demand Experienced and capable for fluorine fluoride production using Batteries aluminium smelter bath by-product Supply shortage No hydrogen fluoride produced in New fluorine source Will enable hydrogen Austr
Slide 17: For personal use only
ASX:ABX For personal use only www.abxgroup.com.au Suite 2, Level 11, 385 Bourke St Melbourne VIC 3000 Australia Phone: +61 3 9692 7222 E: investors@abxgroup.com.au Mark Cooksey Managing Director and CEO E: mcooksey@abxgroup.com.au 17