ChemX Materials (ASX: CMX) has released an updated presentation for the RIU Sydney Resources Round-up, outlining progress since its IPO in January to deliver critical materials for the global electrification and decarbonisation push.
The Perth company’s foundation focus is on:
- the HiPurATM high purity alumina (HPA) project, based on in-house production technology; HPA is a critical input in battery technology and the LED and semi-conductor supply chains; and
- an exploration project on the Eyre Peninsula in South Australia where ChemX is pursuing resources of kaolin and halloysite, manganese and rare earths; all materials that assist in a cleaner world.
ChemX used the RIU conference to confirm that the HiPurATM micro plant had arrived in Perth and was being assembled ahead of commissioning. On the exploration front, the company is awaiting assays from just-completed drilling of the Jamieson Tank manganese and Kimba kaolin targets.
The company flagged a significant volume of newsflow across both HiPurATM and its exploration efforts, including first production of 99.99% Al2O3 as a lead-in to an HPA pilot plant feasibility study, and an expansion of exploration efforts on the Eyre Peninsula.