XASX
CMX
Market cap23mUSD
Dec 16, Last price
0.03AUD
Name
ChemX Materials Ltd
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Profile
ChemX Materials Limited, an advanced materials technology firm headquartered in Perth, Australia, specializes in creating innovative materials to support Australia's energy transition and decarbonization initiatives. A key aspect of their work involves the HiPurA Process, a proprietary technology designed to manufacture high purity alumina (HPA) and specialized HPA cathode precursor salts, which are vital for lithium-ion battery production and the creation of synthetic sapphires. Additionally, the company holds an interest in the Eyre Peninsula project in South Australia, which consists of two exploration licenses spanning approximately 718 square kilometers. Established in 2020 as NextGen Materials Pty Ltd, the company officially rebranded to ChemX Materials Limited in July 2021.
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