Investments ChemX Materials: Developing Innovative Processing Technology to Produce High...

-

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

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.

HiPurA commercialisation pathway

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 Limited (ChemX Materials) is an Australian company developing an innovative, processing technology to produce high-purity alumina (HPA), this process is called HiPurA®.
  • 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

INN

Source : https://investingnews.com/chemx-materials-developing-innovative-processing-technology-to-produce-high-purity-alumina/

Latest news

How Big Dairy Took Over Your TikTok Feed—With Help from Uncle Sam

How Big Dairy Took Over Your TikTok Feed—With Help from Uncle Sam A vast constellation of celebrities, from Kelly Ripa...

Proteins In Blood Could Provide Early Cancer Warning ‘By More Than Seven Years’

Proteins In Blood Could Provide Early Cancer Warning 'By More Than Seven Years' An anonymous reader quotes a report from...

Utah Locals Are Getting Cheap 10 Gbps Fiber Thanks To Local Governments

Utah Locals Are Getting Cheap 10 Gbps Fiber Thanks To Local Governments Karl Bode writes via Techdirt: Tired of being...

How to watch the Microsoft Build 2024 keynote live on May 21

How to watch the Microsoft Build 2024 keynote live on May 21 Springtime means it’s keynote season in the tech...

Doctor Who: Boom review: All hail the conquering hero

Doctor Who: Boom review: All hail the conquering hero The following contains spoilers for “Boom.” It should be a given any...

Aussie admits to promoting BitConnect crypto services without a license

The Australian Securities and Exchange Commission claims that John Louis Anthony Bigatton promoted the crypto lending platform...
Advertisement

Must read

Advertisement

You might also likeRELATED
Recommended to you