
July 30, 2024
ChemX Materials (ASX:CMX) (ChemX or the Company), an Australian high purity critical materials company, is pleased to present its June 2024 quarterly report. The Company is developing its 100%-owned, HiPurA® process to produce High Purity Alumina (HPA) in Perth, Western Australia along with its High Purity Manganese (HPM) Project on the Eyre Peninsula in South Australia.
HIGHLIGHTS
- HiPurA® Pilot Plant construction advanced, early-stage commissioning commenced.
- $500,000 Share Purchase Plan (SPP) Completed
- Ongoing Government and Stakeholder Engagement for grant funding and support, including visit from Member for South Metropolitan Region, Hon. Klara Andric MLC.
- Launch of ChemX Materials’New Website
- Commercialisation of South Australian Manganese Assets
Chief Executive Officer, Peter Lee commented:
“Early stage commissioning of the HiPurA® Leach Circuit has been an important milestone achieved by the ChemX Team. This has enabled our internal high purity laboratory to commence optimisation studies ahead of the delivery of the solvent extraction module commissioning.”
“ChemX has been well supported in closing out it’s Share Purchase Plan (SPP) and also Director support via placement, both completed during the quarter.”
“Our HPA Pilot Plant is advancing well and we look forward to turning the key on this game-changing technology. Commensurate with our Pilot Plant progress and advanced material ethos, ChemX has also launched a refreshed website (www.chemxmaterials.com.au), showcasing the many applications and increasing demand for HPA in today’s technology driven society.”
Click here for the full ASX Release
This article includes content from ChemX Materials, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
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