Welcome to our dedicated page for Asia Broadband news (Ticker: AABB), a resource for investors and traders seeking the latest updates and insights on Asia Broadband stock.
Asia Broadband Inc. reports company developments across precious-metals mining, mineral processing and digital assets linked to physical bullion. News for AABB centers on its gold and silver operations in Mexico, including the Etzatlan processing facility, mining-asset expansion planning, production-line repairs, and the integration of reduced graphene oxide technology for gold recovery.
The company also announces product and platform updates tied to its precious-metal-backed digital asset strategy. Recurring topics include the GoldAxis wallet, the AABBG gold-backed token, the AABBS silver-backed token, multichain wallet functionality, physical bullion backing, and corporate updates on mining and cryptocurrency projects.
Asia Broadband (OTC:AABB) reported continued growth in gold and silver production and gross profit for Q2 2025, surpassing Q1 levels. The company's new processing plant in Etzatlan, Mexico, which began operations in Q2, is advancing with Phase II installation to process an estimated $1 billion worth of gold and silver ore from its exclusive surface stockpile.
The improved performance is attributed to higher grade recoveries, increased daily throughput, and enhanced operational efficiencies. The company expects significant increases in throughput and recovery levels as the new plant continues its ramp-up phase. AABB is executing its mining assets expansion strategy across Mexico, leveraging its existing development resources and expertise.
Asia Broadband (OTC: AABB) has acquired revolutionary reduced graphene oxide (rGO) gold recovery technology in a $23.5 million share-based transaction, issuing 940,000,000 shares at $0.025 per share. The technology acquisition includes proprietary processes and trade secrets from a private consortium.
The company, which currently processes 300 tons of ore daily at its facilities in Etzatlan and Tequila, Mexico, expects the rGO membrane system to achieve gold recovery rates exceeding 95%. The technology will be implemented through a modular pilot unit within 90 days, followed by a 50 TPD rGO-based treatment line.
AABB plans to leverage this technology beyond its operations by licensing it to other producers in the $30 billion recovery market, offering various licensing structures including flat fees, royalty models, and joint venture packages.
Asia Broadband (OTC: AABB) has received a significant delivery of Phase 2 production line processing equipment from Mecru Heavy Industry Technology Co. Ltd. in China for its Etzatlan, Mexico facility. The delivery includes 6 containers of equipment featuring centrifugal concentrators, press filters, and hydraulic center-driven thickening equipment.
An additional 4 containers of spare parts are expected within 2-3 weeks, while a 500 tons per day Ball Mill is scheduled for delivery in 6-8 weeks. The company is also evaluating a potential large mining property acquisition, with purchase negotiations expected to begin in the coming weeks.
Asia Broadband (OTC: AABB) has announced the commencement of its stock dividend distribution. Shareholders of record as of July 10, 2025 will receive 1 dividend share for every 35 shares owned, totaling over 100 million restricted common shares.
The dividend distribution will be processed by AABB's transfer agent, with most shareholders receiving shares through their brokers or investment firms. Registered shareholders will receive dividend shares directly by mail. Additionally, the company plans to release an update next week regarding Phase 2 production line equipment integration from China.
Asia Broadband (OTC:AABB) has received a significant delivery of additional production line processing equipment from Mecru Heavy Industry Technology Co. Ltd. in China for its newly opened facility in Etzatlan, Mexico. The delivery consists of 6 containers of equipment, with the remaining 4 containers expected to arrive in early August 2025.
This equipment is designated for the company's Phase 2 second line of production processing operations, which is planned for installation and integration later in 2025. The facility, which opened in April 2025, will see enhanced processing capabilities once the Phase 2 line is operational.
Asia Broadband (OTC: AABB) has launched a new legal action program targeting specific market makers on OTC Markets suspected of price manipulation. The company is adopting an alternative approach to gather historical trade and position data to strengthen their legal case. This initiative comes in response to numerous shareholder complaints alleging that AABB's share price has been artificially suppressed through deceptive trading practices by certain market makers. The company aims to eliminate price manipulation and ensure fair market price determination for its shares.