News Articles for Radium Capital

ChemX Materials has been awarded nearly $662,000 by the Federal Government through a research and development rebate for its pioneering chemistry-focussed, patented high-purity alumina research. The cash boost is some $100,000 more than the company was originally estimated to receive under its R&D grant eligibility and will be directed to help drive its 24-tonne per annum HPA pilot plant development in WA.

ChemX Materials has secured a patent from the New Zealand Intellectual Property Office for its “HiPurA” processing technology used to produce high-purity alumina (HPA) for application in cutting-edge technologies such as LEDs, semiconductors and lithium-ion batteries. The patent adds to the company's recently-granted Australian equivalent and helps reinforce its push to become a key HPA producer in Australasia.

ChemX Materials has received a $250,000 boost to help drive the commissioning of its high-purity alumina pilot plant in WA and plans to use the first part of its expected Federal Government research and development (R&D) rebate as security for the funding. A further $191,000 is also due in the coming weeks as the company ramps up the commissioning of its high-tech development.

Resources-focused CORE Innovation Hub has brought fast-growing, Perth-based R&D financier Radium Capital on board as an information and referral partner.

A fintech and a sports science hopeful are among six startups to receive a combined $500,000 in the latest Plus Eight Accelerator program.

A New York-based hedge fund has moved to majority ownership of specialist business lender Radium Capital after purchasing a 50 per cent stake in the Perth-based company.

Northern Minerals has locked in a $US30 million ($A38 million) research and development loan facility with a US-based financier, as it progresses development of its Browns Range heavy rare earths project.

Companies investing in research and development have access to an increasingly competitive new source of finance.