Carbonxt Group Ltd. (AU:CG1) has released an update.
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Carbonxt Group Ltd has reported significant growth in its September 2024 quarterly update, including a 31% increase in Powdered Activated Carbon sales and a successful $3.02 million capital raise. The company also secured a $24 million contract extension with Reworld and is nearing the commissioning of its new production facility in Kentucky, aiming to meet rising demand in the U.S. market. These developments highlight Carbonxt’s strategic efforts to scale up operations and diversify its offerings in the cleantech sector.
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