ChemX Materials Limited (AU:CMX) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
ChemX Materials Limited is nearing the completion of its 24 tonnes per annum High Purity Alumina (HPA) Pilot Plant in Perth, with 95% of the commissioning process done. The company has successfully produced HPA with a remarkable purity level of 99.99%, and it holds patents in several regions, highlighting its advanced proprietary technology. As ChemX anticipates further patent approvals globally in 2025, it is set to become a significant player in the HPA market.
For further insights into AU:CMX stock, check out TipRanks’ Stock Analysis page.