ABx Group (ASX:ABX) has decided to terminate its heads of agreement with Core Refining, signed in 2017, as it no longer needs the intellectual property related to the ALCORE Project in Tasmania. The agreement provided ABx with a global license to use Core Refining's IP for producing aluminium fluoride from bauxite, but with a shift in focus to using aluminium smelter waste for hydrogen fluoride and aluminium fluoride production, the need for the IP diminished. The company, with a market capitalization of $10.26 million, is concentrating on the continuous pilot plant stage in Tasmania after securing a lease agreement with Rio Tinto. This move simplifies operations and allows ABx to concentrate on scaling up commercial production. By utilizing aluminium smelter waste, ABx aims to reduce costs and gain environmental benefits through waste recycling. The ALCORE technology development previously underway in New South Wales will see key equipment moved to Tasmania, marking significant progress for the project. ALCORE has also sold its laboratory at Berkeley Vale to Core Refining and concluded the lease agreement for the facility in New South Wales. ABx Group, an Australian mining company, is dedicated to developing an ionic adsorption clay rare earth project and establishing a plant for hydrogen fluoride and aluminium fluoride production from recycled industrial waste.