Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Investing

ChemX Materials: Developing Innovative Processing Technology to Produce High Purity Alumina

by April 23, 2024
April 23, 2024
ChemX Materials: Developing Innovative Processing Technology to Produce High Purity Alumina

ChemX Materials (ASX:CMX) develops innovative processing technology to produce high purity alumina for advanced technology and clean energy applications. The company’s 100 percent owned, Australian patented HiPurA® process technology offers a low cost and energy intensity production method to produce high purity alumina (HPA).

HPA is used in advanced technology and clean energy applications including lithium-ion batteries, LEDs, semiconductors and synthetic sapphires. Synthetic sapphires are critical in the production of applications such as smart watches, iPhones and laptop screens.

ChemX Materials is also developing a high purity manganese project. The Jamieson Tank project is located on two exploration tenements, EL 5920 and EL 6634 in the Eyre Peninsula in South Australia. These tenements collectively cover an area of 718 km2.

ChemX Materials completed a 94-hole drill program at the Jamieson Tank project, totaling 6,164 metres and released its maiden Mineral Resource Estimate in September 2023. The Mineral Resource Estimate reported 13.1 Mt at 5.7 percent manganese, with 21 percent classified as Indicated and 79 percent classified as Inferred.

Company Highlights

ChemX Materials owns 100 percent of HiPurA® and was granted an Australian patent for this technology in January 2024.High purity alumina is used in advanced technology and clean energy applications including lithium-ion batteries, LEDs, semiconductors, smart watches and iPhones.The HiPurA® process is modular, scalable and uses a readily available aluminous chemical as its feedstock, therefore is not reliant on mine production offtake, all of which enable the technology to be deployed close to end users’ manufacturing operations.ChemX Materials has proven HiPurA® can produce above 4N (99.99 percent) high purity alumina at micro plant scale. This testwork indicates HiPurA® is low in cost and energy intensity.ChemX Materials is constructing a pilot plant to demonstrate HiPurA® can work at scale, which is the next step towards commercialisation. The pilot plant construction is underway and on track for commissioning in June 2024.

This ChemX Materials profile is part of a paid investor education campaign.*

Click here to connect with ChemX Materials (ASX:CMX) to receive an Investor Presentation

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Energy Fuels Announces Agreement for Transformational Acquisition of Base Resources, Creating a Global Leader in Critical Minerals Production with a Focus on Uranium, Rare Earth Elements and Heavy Mineral Sands
next post
Earth Day: Top 5 Miners Forging Sustainable Paths Amid Growing ESG Scrutiny

Related Posts

Cardiol Therapeutics Announces All Collaborating Clinical Research Centers...

September 20, 2023

Barksdale Receives Positive Court Ruling

September 7, 2023

Top 5 Canadian Nickel Stocks of 2024

February 24, 2024

Edjudina Gold Project, WA – Permitting Application to...

March 26, 2025

Gold Price Tumbles on Latest US CPI Reading

March 16, 2024

Helium Evolution Announces Most Recent Farmout Well Encounters...

January 25, 2024

Element79 Gold Corp Successfully Closes Maverick Springs Option...

May 9, 2024

Radiopharm Theranostics Completes A$70 Million Placement

June 27, 2024

European Lithium Limited (ASX: EUR) – Reinstatement to...

March 4, 2024

How to Invest in Pharmaceutical Companies (Updated 2023)

July 28, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • Tech 5: US Government Strikes Big Tech Deal, Perplexity Plots Expansion

    • Crypto Market Update: Bitcoin Pulls Back After New High, Ethereum ETF Inflows Hit Nearly US$3 Billion

    • Playboy moving its headquarters to Miami Beach and opening a new club

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • Asra Minerals

    Categories

    • Business (1,336)
    • Investing (2,787)
    • Politics (3,699)
    • Stocks (1,761)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 moneycontrolplace.com | All Rights Reserved