Articles On Carbonxt Group (ASX:CG1)

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...

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...

The ASX 200 was up 1.04% while the ASX XEC rose 1.17% 8 out of 11 sectors were higher with Energy leading the way  The Health Care sector was the weakest, down 0.94%   The ASX 200 was up 1.04% today on lower-than-normal volume, and the A...

Highlights CG1 develops activated carbon products that play an important role in water treatment and other processes The prepayment by Carbonxt is aimed at advancing the development of an activated carbon production centre in Kentucky...

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...

ASX climbed as high as +1.3%, easing slightly to close up 0.9%. XEC Emerging Companies and Goldies duke it out to see who can close flattest. Investors are set to pocket $35 billion in dividends between now and EOFY.   Do Not Adjust Your...

ASX down, then up, then down even further to -1.4% as bank crisis looms large. XEC Emerging Companies index plummets 1.8% as fear overtakes greed. Goldies are making hay again, XED All Ordinaries Gold up more than 7.0%.   Things have been...

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...

Highlights Carbonxt performed maintenance and installation programs at its existing facilities during the first half, expected to boost its margin growth in 2023. The company achieved crucial near-term objectives concerning its strateg...

Highlights Carbonxt develops and sells specialised activated carbon products, including powdered activated carbon and activated carbon pellets The Kentucky Joint Venture is near completion and is set to become an immediate funding supp...

Highlights Carbonxt Group manufactures specialised activated carbon products capable of capturing harmful pollutants emitted during industrial processes. In 2022, the company continued to extend its reputation in the industry as an inn...

ShareCafeA sea of red in today’s trading: ASX closes 1.84% lower by Peter Milios   All but one sector finished lower today, as the ASX reacted to the overnight news that the Fed has increased rates by 75 basis points. Materials, Consumer Di...

ShareCafeAll red across the board following US rate hike sentiment: ASX down 1.96% at noon By Lauren Hayes   US equities plunged after Fed Chair Jerome Powell indicated policymakers would continue raising interest rates to fight persistent...

ShareCafeStrong finish despite tomorrow’s expected rate hike: ASX closes 1.15% higher by Peter Milios   All eyes are on tomorrow’s expected interest rate hike, with many predicting a 50 basis point rise. To finish the day the S&P/ASX 20...

ShareCafeIT sector rallies to lift the market: ASX up 0.94% at noon The local market has commenced the week in the green with the S&P/ASX 200 up 0.94 per cent or 63.70 points higher to 6,849.40 at noon. This comes off the back of US equ...

Highlights Carbonxt (ASX:CG1) has won renewal and extension of its supply contract with Wisconsin Public Service for activate carbon (AC) pellets. The contract, which first commenced in 2016, has been extended until 2030. Carbonxt bel...

ShareCafeMore quarterlies released: ASX finishes marginally in the green by Peter Milios   The ASX closed the day slightly higher as more companies are starting to release their quarterly reports. Overall, at the closing bell, the S&P/A...

ShareCafeASX pushes higher for second straight day: Aus shares up 0.37% at lunch by Lauren Hayes   The local market is marginally higher this morning, with Materials and Energy dragging down the benchmark, and all other sectors in the green...

ShareCafeStocks of the Hour: AZS, AKN, DEL, CG1                    Azure Minerals Limited (ASX:AZS) announced that the Company has received further high grade lithium assay results from the pegmatite exploration program on the Andover...

19 Oct 2022 - A snapshot of the stocks on the move featuring Azure Minerals (ASX:AZS), AuKing (ASX:AKN), Delorean Corporation (ASX:DEL) and Carbonxt Group (ASX:CG1).

Cleantech company Carbonxt (CG1) receives commitments to raise $7 million via a two-tranche placementSeventy million fully-paid shares will be issued at 10 cents which is a 4.8 per cent discount to Carbonxt’s last closing priceCarbonxt will...

Highlights                                                                                                       Carbonxt is undertaking a capital raising program to fund its new state-of-the-art activated carbon plant in Kentucky. Th...

The ASX 200 is vacillating Small caps are down over 1.3% Demetallica is a great name and it’s up 40% on takeover talk   The benchmark ASX 200 is flat as on Monday. The ASX Emerging Companies (XEC) index has lost 1.3%. REITs and Gold are h...

Highlights Carbonxt Group has appointed Mr Fadi Diab as a director. Mr Fadi is a veteran corporate executive with more than a decade of experience in large financial organisations. Mr Fadi holds more than 591K shares in Carbonxt Group...

Highlights Carbonxt (ASX:CG1) provides patented AC products that aid in removing toxic pollutants from wastewater streams and industrial gases. The company recently inked term sheets for a 50% ownership in an activated carbon productio...

Highlights Carbonxt reported record revenue in FY22, backed by increased sales in both the pellet and PAC segments. The company expects continued sales to its largest customers in both segments at least through FY23. Factors such as n...

Japan’s UFG has bought into department store Myer, which has flagged strong results for FY22 Magnus Energy Technologies chairman Frank Poullas has become a Cassius Mining substantial shareholder  United Malt Group loses a substantial share...

Local markets follow Wall St ‘hopetimism’ lower Small caps smashed, down circa 3% Pot stock CAU delivers ASX first ever pot stock profit The Benchmark is down 1.95% and the small caps index is down 2.7% after climbing late in the session...