Carbonxt Charges Ahead: U.S. Facility Nears Launch, Revenue Soars
π± 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. π§⚗️
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. ππΌ
Carbonxt’s
cost-cutting
efforts—including lease
restructuring and a streamlined workforce—combined with $2.5M
in fresh funding, fortify its financial health. ππΈ
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. π✅
CEO Warren
Murphy’s presentation at the Ignite
Investment Summit reaffirmed Carbonxt’s U.S. focus and cleantech
vision. ππ

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