ChemX Materials Limited
CMX.AX
Australian Securities Exchange0.03
AUD
- -
- -
ChemX Materials Limited
CMX.AX
(Australian Securities Exchange)
Recent
price
0.03
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- ChemX Materials Limited operates as an advanced materials technology company primarily engaged in the development and production of high purity materials for the battery technology, synthetic sapphire, LED, and semiconductor industries. The company's core products include High Purity Alumina (HPA), produced through its proprietary HiPurA® process, and high purity manganese derived from its Eyre Peninsula manganese ore mineral deposit in South Australia. ChemX also provides high-purity analytical services to support bulk-scale production of ultra-high purity quartz and other critical materials. The company targets battery manufacturers, semiconductor companies, and other high-tech sectors globally, with a focus on supplying materials critical for lithium-ion batteries and renewable energy solutions. Founded in 2017 and headquartered in East Perth, Western Australia, ChemX operates primarily within the Australian market, leveraging its proprietary technologies and mineral resources. In recent developments, ChemX executed a strategic agreement with Charge CCCV (C4V), a US-based battery technology company, to qualify its battery materials for inclusion in C4V's lithium-ion battery supply chain, aiming to establish binding offtake agreements for its high purity manganese. The company also entered a binding high-purity analytical services agreement with Vytas Ltd to provide rapid assay turnaround for Ultra High Purity Quartz (UHPQ) and other advanced materials, supporting accelerated R&D efforts. Additionally, ChemX is advancing the commissioning of its HPA Pilot Plant and pursuing commercialisation activities for its high purity alumina technology. In late 2024, ChemX underwent financial restructuring including amendments to its convertible securities agreement with Mercer Street Global Opportunity Fund and appointed voluntary administrators, leading to an ASX trading suspension as the company works to meet financial compliance and stability requirements. These changes reflect ongoing efforts to strengthen operational and financial foundations while progressing its advanced materials projects. ChemX Materials Limited is listed on the Australian Securities Exchange under ticker CMX.AX.