Carbonxt Group Increases Ownership Stake in Kentucky Activated Carbon Facility

MT Newswires Live

Oct 17, 2025

Carbonxt Group (ASX:CG1) said it increased its ownership stake in New Carbon Processing to 45.9%, with an additional $750,000 funding, according to a Friday Australian bourse filing.

The firm is targeting a 50% ownership stake in the Kentucky activated carbon facility as part of its US growth strategy. The kiln at the Kentucky facility has been fully constructed, and a refractory lining is currently being installed by the kiln manufacturer.

The kiln is expected to be operable in November.

The firm's shares rose over 1% in recent trading on Friday.

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The kiln at the Kentucky facility has been fully constructed, and a refractory lining is currently being installed by the kiln manufacturer.</p><p>The kiln is expected to be operable in November.</p><p>The firm's shares rose over 1% in recent trading on Friday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7017","symbol_name":"商品化工","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2576268709","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2576268709","pubTimestamp":1760669575,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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