BUZZ-Australia's ABx Group hit one-month low on discounted placement** Shares of ABx Group ABX.AX fall as much as 16.3% to A$0.082, their lowest level since October 23; stock last up 10.2%
** Marks its steepest fall since October 28
** Rare-earths explorer receives firm commitments to raise about A$6 million ($3.88 million) through placement
** Issue price of A$0.081 per share represents a discount of 17.3% to the stock's last close
** Proceeds will be used to advance its Deep Leads rare earth project in Tasmania and construct and commission the ALCORE pilot plant
** Stock is up 114.3% YTD, including the session's moves
($1 = 1.5470 Australian dollars)
(Reporting by Anjali Singh in Bengaluru)
((anjali.singh2@thomsonreuters.com;))
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