good mention in s tockhead head today
CHEMX MATERIALS (ASX:CMX)
Market Cap: $8m
Recently listed CMX has a dual focus — exploring the ‘Eyre Peninsula’ halloysite, kaolin and manganese projects and developing its HiPurA high purity alumina (HPA) processing tech in WA.
Initial test work has indicated that the process is low cost and low in energy consumption, compared to alternative tech.
CMX says a key competitive advantage is that the HiPurA process is not tied to mine production, with the feedstock being a widely available chemical.
Following a successful pre-feasibility study, the company is now building a $2.5m, 50tpa pilot plant in Perth to produce larger quantities for customer qualification.
good mention in s tockhead head today CHEMX MATERIALS (ASX:CMX)...
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