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ECT Raises A$10.6 Million to Advance MXene Production with Flash Joule Heating

9:17am on Wednesday 19th of August, 2026 AEST Advanced Materials
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ECT Raises A$10.6 Million to Advance MXene Production with Flash Joule Heating

9:17am on Wednesday 19th of August, 2026 AEST
Key Points
  • A$10.6 million raised in Tranche 1 placement at $0.12 per share
  • Acquisition of Xenica Materials secures exclusive Flash Joule Heating rights
  • 4kg MAX phase feedstock obtained to start MXene scale-up with Metallium
  • Tranche 2 placement of A$1.4 million pending shareholder approval
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