ChemX Materials Limited

Updated - Micro Plant Delivers Critical 4N HPA Milestone

Assay confirms 4N (99.99%) HPA across an impressive 66 elements

ChemX Materials (ASX:CMX) (ChemX or the Company), an Australian based high purity critical materials business provides further information to the previously released announcement on 29th September 2023, Micro Plant Delivers Critical 4N HPA Milestone.


HIGHLIGHTS

  • Micro Plant achieves 4N (99.99%) purity High Purity Alumina (HPA) across 66 elements critical for the global battery and energy transition market.
  • ChemX products on the pathway to deliver high purity materials to the global battery industry, the synthetic sapphire markets, LEDs, semi-conductor and optical lenses for testing and qualification, subject to suitable quantities of HPA being produced.
  • ChemX’s 100%-owned HiPurA® technology delivers key milestone within 12 months since commissioning HPA facility.
  • The HiPurA® process is modular, scalable and independent of direct mine production, which enables ChemX to locate key future production facilities close to customers in a just-in-time customised approach.

ChemX Materials Limited (ASX:CMX) (ChemX or the Company), an Australian based high purity critical materials developer, is delighted to announce recent results from its High Purity Alumina (HPA) Micro Plant operations, located in Perth, Western Australia.

ChemX’s 100%-owned HiPurA® chemical feedstock process has delivered an outstanding 4N (99.99%) HPA result across an impressive 66 element spectrum. The Company is now working to ensure repeatability of this result through continued plant optimisation as it seeks to scale up the process to pilot plant scale.

Importantly, achieving a 4N product involves a sample quality with impurities of less than 100 parts per million and this quality is what is required for testing and qualification to commence for the global battery separator market.

In late CY2022, ChemX commissioned its Integrated HPA Facility with the goal of advancing the scale up of the HiPurA® HPA flowsheet from laboratory scale to continuous operation.

Chief Executive Officer, Peter Lee commented:

The Company is extremely proud to have achieved an outstanding result from our Micro Plant, with detailed logged data from feedstock delivery through each stage of the process being achieved.

“I’d like to acknowledge our best-in-class team who have succeeded in calibration of the novel HiPurA® process with highly effective removal of deleterious elements.

“This is a proud day for CMX shareholders and the team,” Mr Lee said.

“Today’s break through validates the disruptive nature of the HiPurA® process and ChemX views that the ability to achieve bespoke high purity (4N) outcomes in a locally-based, scalable, modular format may be a game-changer for gigafactory feedstock management”.

“Importantly, data obtained during the optimisation of the Micro Plant will be included in the current Pilot Plant (design) which will produce sufficient sample volumes for global customer qualification,” Mr Lee said.


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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