Latest Specialty Chemicals News

Andromeda Metals has secured $3.04 million through a Share Purchase Plan and placement, aiming to advance its High Purity Alumina project and complete a Pre-feasibility study.

Advanced Engineered Materials (ASX:AEM) reported an 85% jump in high purity alumina sales in 1H 2026, with a customer pipeline now valued at US$190 million amid tightening global supply and rising semiconductor industry demand.

Andromeda Metals has successfully produced 4N High Purity Alumina (HPA) with 99.9986% purity at continuous pilot scale, marking a crucial step towards commercialisation and customer evaluation under a strategic supply agreement with Traxys.

Andromeda Metals is targeting $3 million through a Share Purchase Plan to fund the next phase of its High Purity Alumina project, including pilot plant optimisation and a Pre-feasibility Study.

ChemX Materials remains suspended from ASX trading since December 2024, with no exploration activity reported in Q1 2026. The company secured an unsecured $1.2 million loan facility to support its recapitalisation and operational needs.

Advanced Energy Minerals is ramping up production capacity at its Quebec plant, leveraging patented low-cost technology and renewable energy to meet booming global demand for high purity alumina.

ChemX Materials has formalised a $1.2 million unsecured loan with independent investor Ovay Pty Ltd to support its working capital amid ongoing restructuring, with the loan set to convert to shares upon re-listing.

IperionX Limited has denied any undisclosed information following a sharp share price drop from $6.93 to $4.58, clarifying its accounting for U.S. government grants amid market volatility.

Advanced Energy Minerals reports a sharp revenue increase alongside a substantial net loss for 2025, completing a major plant expansion and raising $44.8 million in its IPO.

5E Advanced Materials is raising up to $36 million through a stock offering to fund the development of its Fort Cady boron and lithium project in California. The capital raise comes amid ongoing concerns about the company’s ability to continue as a going concern without further financing.

Alpha HPA Limited has successfully raised A$225 million through a fully underwritten equity placement, bolstered by strong institutional support, to fund the next phase of its high purity alumina project. This capital injection, combined with existing cash and government funding, positions the company to advance its Stage 2 construction and expand Stage 1 capacity.

ChemX Materials Limited has completed its Deed of Company Arrangement and appointed a new board, yet remains suspended from ASX trading while relying on director-related funding. The company is focused on stabilisation and exploring future opportunities.