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Carbonxt Increases Stake in Kentucky Plant Ahead of Production

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Carbonxt Group Limited (ASX: CG1) (“Carbonxt” or “the Company”) has increased its ownership in the Kentucky activated carbon facility to 43.7%, as the plant edges closer to kicking off production. The additional US$1 million investment, made to joint venture partner NewCarbon Processing LLC, is part of Carbonxt’s plan to lift its stake to 50% over time. https://colitco.com/carbonxt-boosts-kentucky-plant-for-production/

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