Australia's ChemX Materials rises on agreement to supply manganese

ChemX Materials

03/10/2022 03:14

** Shares of ChemX Materials  CMX.AX  rise as much as 5.9%
to A$0.180, set to mark their best session since Sept. 15, if
gains hold
    ** The materials technology firm signs a Memorandum of
Understanding with Pure Battery Technologies (PBT) to supply
suitable manganese to PBT's proposed battery material refinery
hub in Western Australia   
    ** Co to supply manganese product from its High Purity
Manganese Sulphate Monohydrate project in South Australia
    ** Stock flat since its IPO in January this year
 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))