Testwork Delivers HPA Flowsheet Enhancements and HPM Market Update

ChemX Materials (ASX:CMX) (ChemX or the Company), an Australian based high purity critical materials business, is pleased to announce significant progress in both HPA and HPM business streams.

• High Purity Alumina (HPA)
  • Pilot Plant flowsheet optimised following further operational testwork success of HPA Micro Plant.
  • Pilot Plant to allow for intermediate HPA products for qualification with battery separator manufacturers.
  • CMX’s 100%-owned HiPurA® HPA International Patent progressing on track
  • Pilot Plant equipment first deliveries to ChemX expected this month.
• High Purity Manganese (HPM)
  • Maiden Mineral Resource Estimate for Jamieson Tank Manganese Project on the Eyre Peninsula, South Australia to be finalised in consultation with CSA Global this month.

ChemX Materials has been advancing the development of its 100%-owned HiPurA® HPA Pilot Plant, to be located at its dedicated facility in O’Connor Perth, Western Australia to deliver the required volumes of HPA for product qualification with Battery Separator manufacturers and consumers of high purity aluminous products and synthetic sapphire producers. As a result of marketing activities and industry discussions, ChemX has identified markets for intermediate high purity aluminous products, which offer potential volume increases in addition to the markets for 4N and 5N HPA.

Chief Executive Officer Peter Lee commented:

“The Micro Plant has proven extremely effective in delivering the process data required to improve the design and optimise the operation of the Pilot Plant ahead of time. This has resulted in a significant reduction in capital costs and reagent requirements.

Importantly, the resized pilot plant will still meet expected customer demand in producing sufficient product to complete qualification with battery separator makers, synthetic sapphire growers and other burgeoning markets”.

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