Investing

Appointment of TritonLake as Global Corporate and Financial Advisors to Drive Business Partnerships and Global Growth Footprint

ChemX Materials Limited (ASX:CMX) (ChemX or the Company), an Australian high purity critical materials company and 100%-owner of the HiPurA® patented process to produce High Purity Alumina (HPA) is pleased to advise it has appointed TritonLake to act as the Company’s Corporate Advisors.

HIGHLIGHTSChemX Appoints TritonLake as Global Corporate AdvisorsChemX proceeding with Pilot Plant Construction for HPA production at ScaleInternational Focus for Joint Venture Offtake, Strategic Partnerships & Investors

ChemX is commercialising its unique HiPurA® technology producing HPA and other aluminous products from a chemical feedstock, independent of mine production, thereby potentially reducing project risk and approval lead times. Importantly, ChemX has the opportunity to co-locate future production facilities with offtake partners in key markets.

Under the agreement, ChemX will have access to TritonLake’s network of global partners and investors as it moves forward with its final phase of pilot plant construction and commissioning.

A detailed summary of the corporate advisory mandate is set out in Schedule 1.

TritonLake CEO Conor Smyth Commented: “It is a pleasure to be working with ChemX as it takes its patented HPA production process forward to realise its global potential. The attractiveness of a high purity alumina process to be deployed in key markets including USA, Europe and South-East Asia has the potential to integrate into supply chains for the next generation of technology and consumer applications across AI Semiconductors and Micro LEDs.”

TritonLake’s appointment comes at a key time for critical materials as the world seeks to harness the high value materials to drive the AI and energy revolution. HPA and Synthetic Sapphire serve a key purpose in providing chemical inertness in high value applications whether in Semiconductors, Micro LEDs or Optical devices.

Click here for the full ASX Release

This article includes content from ChemX Materials, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here

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This post appeared first on investingnews.com

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