This Announcement has been authorised for release by the Board. For enquiries: Peter Lee Chief Executive Office ChemX Materials Ltd peter@chemxmaterials.com.au +61 (0) 448 874 084 Stephen Strubel Executive Director and Company Secretary ChemX Materials Ltd C stephen@chemxmaterials.com.au +61 (0) 404 400 785 source
Author: backoffice
$8 Million Capital Raise to Commence Bringing the Mt Boppy Gold Mine into Production in 2024
Highlights The Company is pursuing a staged growth strategy that is initially focused on gold and silver production and free cash flow generation from its assets in the Cobar Basin. The Company has recently completed a sonic drilling program to firm up confidence in the Mt Boppy Resource2 and developed an initial 5-year Mine Plan...
How to Invest in Graphite (Updated 2024)
Graphite has swung into focus in recent years, largely due to its key role in electric vehicle (EV) batteries. Concerns about China’s supply stranglehold and anticipated demand from lithium-ion battery megafactories have sparked investor interest, and experts believe graphite will be a key EV battery material for at least the next decade. To help investors...
More High-Grade Gold & Silver Confirmed at Dynasty Project
Key Highlights Titan’s CEO Melanie Leighton commented: “Our expanded exploration programs have highlighted large-scale soil anomalies and coincident high- grade gold-silver rock chip results more than 1.7 kilometres from currently defined resources at Papayal. “It’s exciting that entirely new copper targets are being unveiled by our exploration. We believe that these new areas of copper...
Crescent Point Deal and TMX Completion Fuel Activity in Canadian Oil Market
The strategic move involves the sale of assets, including Flat Lake and Battrum, for cash consideration of C$600 million. The assets being divested are projected to contribute 13,500 barrels of oil equivalent per day (boe/d) over the next year, predominantly in oil and liquids. This divestment is part of Crescent Point’s broader goal of streamlining...
Joe Cavatoni: Gold's Run Not Over, Eastern Markets Driving Price
Aside from key demand drivers like central bank buying, he highlighted differing sentiment in the west and east. “This is an interesting time. Right now the price has been impacted less so by the expectation of US rates and the US dollar, and more so by the geopolitical and overall outlook for investment in the...
E25 Secures USA Site for HPMSM Refinery
HIGHLIGHTS Element 25 Managing Director Justin Brown said: “E25 aims to be a leading source of high quality, vertically integrated, traceable and ESG and IRA-compliant battery material to the global electric vehicle industry. Construction of our HPMSM facility in the USA – the first of its kind there – requires a project site with the...
Cobalt Market Update: Q1 2024 in Review
The cobalt market put on a mixed performance in the first quarter of 2024 as metal prices stalled and contracted, while sulfate and hydroxide values increased. The sector is divided into three segments. Cobalt metal is used as an alloy to strengthen and harden, while cobalt hydroxide is used in lithium-ion batteries, electronics and paint...
Top 4 Vanadium-producing Countries (Updated 2024)
While vanadium consumption has softened in recent months, there is still plenty of optimism that the market’s medium- to long-term outlook remains strong. As mentioned, part of that is to do with the energy transition. Four countries contribute to the vast majority of that output. Below is a brief overview of these top vanadium producers....
Commissioning Proceeding to Plan as Boss Prepares for First Sales
Highlights This outperformance is reflected in results of the uranium-rich Pregnant Leach Solution (PLS) from the wellfields, IX column resin loading and high grade IX column eluate. The focus is now on optimisation of the ion exchange, elution and precipitation processes to achieve continuous operations. Production update Tenors from the individual wellfields into the PLS...