Carbonxt Advances Kentucky Kiln Construction and Expands NewCarbon Stake
Carbonxt Group Limited (ASX: CG1) has progressed construction of its Kentucky activated carbon facility, with all replacement kiln parts now delivered on-site. Each component is being individually retested before installation. The kiln manufacturer is scheduled to attend the facility during the week of 24 August 2026 to complete electrical works alongside Kentucky Carbon Processing (KCP). As a precautionary measure, associated wiring is also being replaced. Carbonxt expects kiln construction to be completed during the September 2026 quarter.
Separately, Carbonxt invested an additional US$250,000 in NewCarbon Processing, LLC after 30 June 2026, supplementing the US$250,000 investment previously disclosed. The latest funding has increased Carbonxt’s ownership interest in the jointly owned Kentucky entity to 49.4%, while lifting its total investment to US$9.75 million. The developments strengthen Carbonxt’s involvement in the Kentucky operation as it moves closer to completing the new activated carbon facility.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Carbonxt Advances Kentucky Kiln Construction and Expands NewCarbon Stake
Carbonxt Group Limited (ASX: CG1) has progressed construction of its Kentucky activated carbon facility, with all replacement kiln parts now delivered on-site. Each component is being individually retested before installation. The kiln manufacturer is scheduled to attend the facility during the week of 24 August 2026 to complete electrical works alongside Kentucky Carbon Processing (KCP). As a precautionary measure, associated wiring is also being replaced. Carbonxt expects kiln construction to be completed during the September 2026 quarter.
Separately, Carbonxt invested an additional US$250,000 in NewCarbon Processing, LLC after 30 June 2026, supplementing the US$250,000 investment previously disclosed. The latest funding has increased Carbonxt’s ownership interest in the jointly owned Kentucky entity to 49.4%, while lifting its total investment to US$9.75 million. The developments strengthen Carbonxt’s involvement in the Kentucky operation as it moves closer to completing the new activated carbon facility.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au