ChemX Materials (CMX) joins the boards today after the successful completion of an $8 million IPO. CEO David Levy tells ausbiz that the money will be used to fund an upcoming drilling program, expected to start this quarter. The company owns two exploration licences in the Eyre Peninsula, South Australia, which is prospective for kaolin/halloysite and manganese. ChemX has developed a process to produce high purity alumina (HPA), which is a critical input for battery technology, and is developing materials to allow the energy transition and decarbonisation process through the development of its HPA technology. Tune in to hear when investors can expect the good oil to come through.

View interview here.