Carbonxt Charges Ahead: U.S. Facility Nears Launch, Revenue Soars
๐ฑ Carbonxt Group Limited (ASX:CG1) is accelerating its clean-tech journey with its Kentucky activated carbon facility nearing completion and record-breaking quarterly results. The March 2025 update shows a 49.8% jump in revenue to $4.6M , with PAC sales booming due to U.S. EPA regulations targeting PFAS in drinking water. ๐ง⚗️ The Kentucky plant, developed through NewCarbon Processing , is set to boost production capacity by 200% and unlock access to the massive GAC market , enabling expansion into liquid-phase treatment. ๐ญ๐ผ Carbonxt’s cost-cutting efforts — including lease restructuring and a streamlined workforce—combined with $2.5M in fresh funding , fortify its financial health. ๐๐ธ ACP sales surged 133% , with deliveries to key clients like ReWorld and WPS supporting steady cash flow. With $884K in cash and a promising pipeline, the company is well-positioned for growth in FY26. ๐✅ CEO Warren Murphy ’s presentation at the Ignite Investment Summit reaf...