Articles On Carbonxt Group (ASX:CG1)

Highlights Carbonxt has increased its ownership in the Kentucky facility to 45.9%, moving closer to its 50% target. Kiln construction has been completed, and commissioning works underway ahead of start-up. The Kentucky plant is expect...

Highlights CG1 has secured additional funding from its major shareholder, Phelbe Pty Ltd. The capital will support a further USD 750,000 investment in New Carbon Processing, LLC, increasing Carbonxt’s ownership to 45.9%. Construction...

ASX holds firm as oil spills, gold dips and tech sector surges Cannon-Brookes stirs up AGL climate clash DigiCo Eagers and Mesoblast fly high   By the close of Friday, the ASX’s 0.46% gain looked pretty darn respectable considering oil’s...

ASX falls 81 points or 0.92pc by end of trade Utilities and energy sectors the only resistance Financials hit hardest, undercut by inflation numbers ASX returns to September form The ASX 200 is in a snit once again, pulling sharply back i...

Highlights Carbonxt Group (ASX:CG1) securities reinstated to the ASX Reinstatement follows compliance with ASX Listing Rule 2.5 Broader implications for the ASX stock market and industry peers Carbonxt Group (ASX:CG1)...

Highlights CG1 plans to issue 51.4 million Loyalty Options, raising approximately AUD 0.51 million before costs. Eligible shareholders received one Loyalty Option for every six shares held. Shortfall of 18.3 million Loyalty Options to...

Highlights Carbonxt’s Group revenue increased 7.1% to AUD 16.2 million in FY25. Gross margin improved to 52%, up from 38% in FY24. PAC sales were boosted by ReWorld Waste contracts and new U.S. EPA PFAS standards. The company increas...

ASX rises 0.22pc after flat day of trade Earnings reports from big cap companies weighed heavy Gains and losses equalised after lunch for steady end to day ASX edges higher on earnings equilibrium It was another tale of heroes and villai...

Highlights Carbonxt has increased its stake in the Kentucky facility to 43.7% following a recent USD 1 million investment, progressing toward its 50% target. Key systems at the plant are nearing completion, with production start target...

Highlights Carbonxt Group has launched an AUD 0.7mn Loyalty Options Entitlement Offer for shareholders. Offer underwritten, exercisable at AUD 0.07 per share within three years. Funds to support working capital, debt reduction, and ne...

Highlights Revenue has grown to AUD4.6 million in the March 2025 quarter, marking a near 50% increase on the prior quarter. Carbonxt has advanced commissioning at its Kentucky activated carbon facility in preparation for commercial pro...

Highlights CG1 has secured an additional AU$1.5 million in funding through a combination of an AU$339,000 share placement and a AU$1.165 million increase to its existing convertible note facility. The convertible note facility was init...

Highlights Carbonxt Group has closed its Share Purchase Plan (SPP), raising AUD 739,000. Shareholders were offered the opportunity to purchase shares at AUD 0.06 each, up to a total of AUD 30,000. Proceeds from the SPP will support Ca...

Highlights Carbonxt Group has extended the closing date of its Share Purchase Plan to 3 April 2025. The Kentucky plant commissioning marks a major milestone towards revenue growth for the company. The Kentucky plant is set to meet ris...

Highlights Black Birch facility lease extended through September 2025 with revised, cost-saving terms. Carbonxt to issue 7.86 million shares at 8 cents per share to the lessor as payment, reducing monthly lease expenses by over 50%. S...

Highlights The Powdered Activated Carbon (PAC) segment accounted for 67% of sales volume and 53% of revenue in HY25. The Activated Carbon Pellets (ACP) segment represented 33% of sales volume and 47% of revenue in HY25 with expectation...

Highlights Carbonxt has launched a Share Purchase Plan (SPP) to raise up to AU$2.0 million at AU$0.06 per share. The September 2024 placement raised AU$3.02 million. In December 2024, Carbonxt raised AU$1.0 million in a placement at A...

Highlights CG1 achieved mechanical completion of production equipment at its Kentucky facility, with sample production set for the March quarter. Revenue guidance has been increased to AU$10 million for H2FY25, reflecting a 40% YoY inc...

Highlights CG1 raised AU$1 million through a placement of 17.1 million shares at AU$0.06/share to a small group of fund managers. The funds raised will support the scaling up of operations at its Kentucky activated carbon plant. Carbo...

Highlights CG1 raised AU$1 million through a placement of 17.1 million shares at AU$0.06/share to a small group of fund managers. The funds raised will support the scaling up of operations at its Kentucky activated carbon plant. Carbo...

ASX gives back gains ahead of Fed decision Vulcan and DigiCo rise MinRes completes $780m gas deal with Hancock Prospecting   The ASX gave back its earlier gains this afternoon as investors adopted a more cautious approach ahead of the US...

Cleantech company Carbonxt Group Ltd (ASX:CG1) has reached two milestones in the development of a cutting-edge carbon-producing plant in Kentucky, achieving mechanical completion of production equipment and upping its ownership to 40%. T...

Carbonxt (ASX: CG1) and joint venture (JV) partner Kentucky Carbon Processing have achieved mechanical completion of their cutting-edge activated carbon production plant in Kentucky. The initial 10,000-tonne-per-annum plant will allow Carbo...

Highlights CG1 has achieved mechanical completion of production equipment in Kentucky. Carbonxt increases its ownership stake to 40%. Sample production is planned for the March quarter. Carbonxt Group Ltd (ASX:CG1) has achieved me...

Highlights Carbonxt has increased its 2HFY25 revenue guidance to AU$10.0 million with a gross margin of 40%. The company has secured additional purchase orders worth AU$3.6 million from Wisconsin Public Services. A 4-year deal with Re...

Highlights In the September quarter, Carbonxt Group secured a 4-year, AU$24 million contract extension with Reworld for premium PAC products.  Quarterly revenue reached AU$4.3 million, with Powdered Activated Carbon (PAC) sales up 31%...

Highlights CG1 has begun full-scale delivery of additional Powder Activated Carbon (PAC) volumes to Reworld. CG1 had secured a four-year contract extension with Reworld, generating annual revenue of AU$6 million. Despite Hurricanes He...

Highlights CG1 is raising AU$3.02 million through a share placement at AU$0.065 per share. Funds will be directed towards the next instalment to NewCarbon Processing LLC to build the activated carbon processing facility in the US. The...

Highlights Carbonxt secured a research grant for a study on water remediation aimed at addressing the adverse effects of algae growth on coastal communities. The research initiative will be conducted in collaboration with Mote Marine L...

Highlights In the June quarter, CG1's receipts from customers and revenue increased by 165% and 19% year-over-year, respectively. The AU$4.3mn forward sales contract with Wisconsin Public Service (WPS) strengthened its position amid ri...

 Highlights Contract extension secured to supply premium Powder Activated Carbon (PAC) products to Reworld, a US-based waste management company and existing customer. The extended contract will span four years, commencing in October 20...

Highlights Carbonxt secured a $4.3 million purchase order from its largest customer, boosting cash flow for the June quarter. The funds will support the construction and commissioning of its new Kentucky production facility. C...

MoneyTalks is Stockhead’s regular drill down into the stocks professional investors are looking at. We tap our extensive list of experts for insight on their top picks right now. In this edition, we hear from Shaw & Partners’ senior wea...

Highlights Customer receipts for the quarter ended 31 March 2024 surged to AU$3.6 million. Powdered Activated Carbon (PAC) sales witnessed significant growth of 56% YoY. Sales of Activated Carbon Pellets (ACP) increased by 37% QoQ. C...

The ASX pared gains after the CPI came in stronger than expected Fortescue led the Mining sector after its quarterly update TikTok’s ban in the US looms   The ASX closed modestly higher today by +0.1% as gains were pared after the release...

Highlights CG1 offers advanced activated carbon-based products to combat air and water pollution from industrial processes. The company is expanding its production capabilities with a new activated carbon plant in Kentucky, the USA. T...

Highlights Construction at the Kentucky activated carbon production facility advanced significantly in 1HFY24. Presently, the facility is undergoing commissioning. Pellet sales accounted for 54% of revenue and 37% of sales volume in t...

Highlights Construction of the Kentucky’s Activated Carbon production facility is advancing well. With this development, the focus is moving towards commissioning activities and near-term sales. Increased prices of CG1 products led to...

The S&P ASX 200 rose 1.19% in January to finish at a record high Energy was the winner with a 5% gain due to the turnaround in oil prices Health stocks up in January, including Singular Health Group and PharmAust After some up days an...

Highlights Carbonxt has completed a non-renounceable pro-rata entitlement offer, which was announced in December 2023. Through the entitlement offer, the company raised AU$1.84 million before costs. The funds will be directed towards...

Highlights Carbonxt Group registered customer receipts worth AU$4.6 million in September quarter, marking an increase of 93% QoQ. For the period, the company secured a revenue of AU$5.3 million. The period saw double-digit jump in the...

Highlights Construction activities at the activated carbon plant in Kentucky are advancing ahead of schedule. The plant is due to kickstart operations early next year. CG1 has made the milestone payment of US$500k as majority of the e...

Highlights The latest appointment to the CG1 board is expected to aid the company on its path to the next phase of growth and development. Andrews holds direct experience in the global industrials sector and capital markets. He would...

Real estate, tech and specialty retail have all had a shocker on the way to an overall 0.26% fall Energy put up a 1.5% gain, with Utilities (+1.0%) and Materials (+0.6%) following it home Best of the Small Caps was Iceni Gold, after testin...

The S&P ASX 200 was down 2.5% in May, with mid caps performing the best and small caps lagging blue chips The S&P ASX 200 Information Technology sector performed the best in May, up 11.6% following strong AI interest Wildcat Resou...

Highlights Carbonxt and Kentucky Carbon Processing (KCP) have established a legally binding joint venture agreement The agreement, titled 'NewCarbon', relates to the development of an activated carbon production facility in the US Car...

Early 1.37% benchmark jump slides slowly to land at +0.88% Real Estate leads on +1.89%, with Consumer Discretionary in last, down 0.59% Signs of lithium-bearing pegmatites at Kirup boost Kula Gold by 42.6%   Well, it’s that time of the da...

ASX falls 0.17% ahead of Chalmers dropping The Budget on the nation Financials led the pack today, adding 0.5% on an otherwise fairly moribund day Voltaic Strategic Resources climbs 188% on pre-assay lithium results at Ti Tree   The ASX h...

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

ShareCafeGains from Energy and Materials boost ASX: Aus shares close 1% higher by Peter Milios   At the closing bell, the S&P/ASX 200 was 1.04 per cent higher at 7,034.10, with the Energy sector leading the gains and surging 4.1 per cen...