Critical Materials. Integrated. Secure.

Building the infrastructure behind the world's critical materials supply chain.

CMX Advanced Materials Group is an integrated platform connecting governments, mining companies, industrial producers and global manufacturers — through sourcing, trading, recovery, refining, advanced manufacturing and digital commodity services.

Explore the Platform Strategic Partnership
US$1.45B
Target Annual Profit Potential
Projected steady-state opportunity
US$165M
Total Investment
Fully integrated platform capital
≤ 2 Yrs
Target Payback
Projected payback period
2,500 MT/yr
Project Capacity
Initial platform processing capacity

Strategically private. Built for long-term impact.

The Opportunity

Critical materials form the foundation of the modern world.

The world is entering a period of unprecedented demand for critical materials. CMX is positioned to build the integrated platform that secures supply, creates value and drives long-term returns.

3–4×
Demand Growth
Expected increase in critical materials demand by 2040.
US$10T+
Market Size by 2040
Global critical materials market opportunity.
80%+
Import Dependence
G7 nations highly dependent on imports for key materials.
US$400B+
Supply Gap by 2030
Projected investment required to close the supply gap.
5–6×
Clean Energy Drivers
Rapid growth in EV, renewables, defense and advanced tech.
ESG & Security
Strategic Priority
Supply chain security and resource sovereignty lead global policy.
Clean Energy Transition
Electrification, renewable energy and battery storage require exponential volumes of critical minerals.
National Security & Defense
Critical materials are essential for defense systems, advanced alloys, electronics and strategic technologies.
Industrial & Technological Advancement
High-purity materials drive innovation in semiconductors, aerospace, medical devices and advanced manufacturing.
Decarbonisation & Sustainability
The transition to a low-carbon economy depends on secure, responsible and traceable material supply chains.

Sources: McKinsey & Company (2023); IEA (2021); OECD (2023).

The Platform

One platform. Six value centres. Multiple revenue streams.

CMX is building a fully integrated critical materials platform that controls value across the entire chain — from global sourcing to advanced manufacturing and digital commodity services.

01
Strategic Materials Trading
Global sourcing, marketing and trading with deep market expertise and a strong counterparty network.
02
Recovery & Refining
Multi-feedstock recovery and refining of PGMs, rare earths, precious metals and critical minerals at high efficiency.
03
Toll Processing
Processing of customer-owned materials with flexible capacity and leading metallurgical capabilities.
04
Global Trading Desk
International sales and marketing of customer materials delivering liquidity, reach and trading commissions.
05
Advanced Manufacturing
In-house manufacturing of permanent magnets, high-purity materials and advanced alloys for strategic industries.
06
Digital Commodity Services (Future)
Vaulting, custody and tokenisation-ready infrastructure enabling transparent, secure digital commodity solutions.
Our Differentiation
Integrated Advantage
End-to-end control of the value chain creates margin, reduces risk and strengthens supply security.
Diversified Revenue Streams
Multiple profit centres across trading, processing, refining, manufacturing and services.
Global Supply Network
Strategic relationships and supply discussions across key producing regions worldwide.
Scale & Growth Optionality
Designed for phased expansion across commodities, geographies and capabilities.
Sustainability & Compliance
Responsible sourcing, efficient processing and ESG-aligned operations throughout.

We connect resources to industry. We create value at every stage. We power the industries of tomorrow.

Value Chain

Creating value at every stage of the critical materials supply chain.

01
Global Feedstock Sources
02
Material Trading
03
Recovery & Refining
04
High-Purity Materials
05
Permanent Magnet Manufacturing
06
Secure Vault Storage
07
Digital Commodity Services

Every tonne of material entering CMX has the potential to generate multiple revenue opportunities throughout its lifecycle.

Activity Revenue Model
Material TradingTrading Margin
Recovery & RefiningProcessing Margin
Toll ProcessingProcessing Fees
High-Purity MaterialsPremium Product Margin
Permanent MagnetsAdvanced Manufacturing Margin
Trading DeskCommercial Commission
Secure Vault StorageStorage Fees
Digital Commodity ServicesFinancial Services Revenue
Technology

Advanced processing. Precision results. Premium materials.

CMX's technology platform is built to efficiently recover, refine and manufacture high-purity critical materials from complex feedstocks — designed for high recovery, repeatability and environmental responsibility.

Processing Capabilities
01
Feed Preparation
Physical and chemical preparation of complex feedstocks to optimise downstream recovery.
02
Hydrometallurgical Recovery
Advanced leaching and purification to selectively extract and concentrate target metals with high efficiency.
03
Pyrometallurgical Processing
High-temperature processing for recovery of metals from intermediate products and refractory materials.
04
Separation & Purification
Multi-stage separation and purification to achieve high-purity metals meeting industry standards.
05
Melting & Refining
Vacuum and controlled-atmosphere refining to produce low-impurity metals, powders, ingots and alloys.
06
Quality Assurance
Comprehensive chemical analysis and material characterisation ensuring consistent premium quality.
Process Flow
Complex Feedstocks
Recovery & Leaching
Separation & Purification
Refining & Melting
High-Purity Products
Technology Platform Differentiators
  • Proven ability to process complex and variable feedstocks
  • High recovery rates and consistent product quality
  • Environmentally responsible processing approach
  • Scalable platform designed for future expansion
  • Strong IP protection and continuous process optimisation

"Our technology platform turns complex resources into high-purity materials that power the future."

Materials

The materials that power the future.

PGM
Platinum Group Metals
Platinum, Palladium, Rhodium, Iridium, Ruthenium
REE
Rare Earth Elements
Concentrates and separated oxides
W
Tungsten
Concentrates and APT
Sb
Antimony
Concentrates and metal
Cu
Copper
Strategic industrial metal
Ni
Nickel
Battery and industrial grade
Sn
Tin
Electronics and industrial
Co
Cobalt
Base and battery metals
MIN
Strategic Industrial Minerals
Key minerals for advanced industries
High-Purity Materials for Critical Applications
Aerospace & Defense
High-performance materials for mission-critical components and systems.
Electronics & Semiconductors
Ultra-pure materials for chips, substrates and advanced electronic devices.
Energy Transition
Materials essential for batteries, EVs, wind, solar and energy storage technologies.
Advanced Manufacturing
Critical materials for high-efficiency motors, robotics, automation and industrial equipment.
Research & Innovation
High-purity inputs for laboratories, universities and emerging technologies.
Global Reach

Secure. Diverse. Reliable. Sustainable.

CMX combines government partnerships, long-term supply agreements and commercial trading to ensure supply security and cost competitiveness.

Strategic Supply Partnerships
CountryMaterialsEngagement
Tanzania PGMs, Rare Earths, Graphite, Gold Government engagement and resource partnerships
Uzbekistan Tungsten, Antimony, Rare Earths Framework agreements in place
Vietnam Rare Earths, Tin, Industrial Minerals Long-term offtake and supply arrangements
South Africa PGMs, Chrome, Vanadium Established mining and trading relationships
Australia Rare Earths, Lithium, Nickel, Copper Strategic supply and trading partnerships
Global Suppliers Multiple commodities Wide network across multiple jurisdictions
Supply Strategy Pillars
Government & Resource Partnerships
Long-Term Supply Agreements
Commercial Trading Network
Supply Security
Responsible & Sustainable
70%+
Long-term Contracted Volumes
Target of annual feedstock requirements
10+
Strategic Sourcing Locations
Across key producing regions globally
60–90
Days Strategic Inventory Cover
Critical materials buffer maintained
Digital Services

Trading • Vaulting • Tokenisation.

CMX Digital Commodity Services is the technology-enabled commercial engine that connects our PGM products to global markets through secure trading, institutional vaulting and regulated asset tokenisation — creating transparency, liquidity and scale across the entire value chain.

Trading
Global Access — Real-Time Execution
  • Global market access — refiners, industrial buyers, banks, traders, investors
  • Real-time pricing and execution capability
  • Multi-asset capability (PGMs, precious metals, magnet materials)
  • Risk management — hedging, analytics, counterparty controls
  • Trusted KYC/AML-compliant marketplace with auditable records
Vaulting
Secure Storage — Global Reach
  • Institutional-grade insured vaults — UAE, Switzerland, Singapore and strategic hubs
  • 100% allocated, independently audited inventory with real-time reporting
  • Flexible allocated/unallocated, short/long-term, segregated accounts
  • Seamless movement between vaults, refineries and buyers
Tokenisation
Real Assets — Digital Value
  • Real-asset-backed tokens — 1:1 ownership of allocated PGM/metal in vault
  • Blockchain transparency with immutable provenance from mine to market
  • Fractional ownership, 24/7 global trading, instant settlement
  • Built with KYC/AML, token transfer controls and investor protections
CMX Refining & Production
Secure Logistics
Institutional Vaulting
Global Trading Platform
Tokenisation & Issuance
Global Investors & Partners
100+
Countries market access
Top-Tier
Secured vault partners globally
100%
All assets fully insured
Ent-Grade
Audited blockchain infrastructure
Partnership

United by vision. Aligned by values. Built for long-term impact.

CMX Advanced Materials Group and Murua Group have formed a strategic partnership to build and operate CMX-01 — an integrated critical materials platform of global significance.

CMX Advanced Materials Group
Platform Builder • Operator • Value Creator

Delivers the capital, platform development, operational capability and global market access to build an integrated critical materials ecosystem.

  • Global sourcing and trading expertise
  • Platform development and operations
  • Commercial execution and market access
  • Risk management and compliance
  • Long-term value creation
Murua Group
Feedstock Expertise • Technical Know-How • Global Network

Contributes deep expertise in feedstock supply, refining, metals trading and an established global customer network.

  • Secure feedstock supply and offtake network
  • Refining and metallurgical expertise
  • Established global customer relationships
  • Proven track record and industry leadership
  • Technical knowledge and operational support

Together, we are building the infrastructure behind the world's critical materials supply chain.

The Opportunity

Building a global critical materials platform.

US$1.45B
Target Annual Profit Potential
Projected steady-state opportunity
73%
Gross Margin (Target)
Projected platform gross margin
58%
EBITDA Margin (Target)
Projected EBITDA margin at steady state
47%
Net Profit Margin (Target)
Projected net profit margin
20%+
Project IRR (Unlevered)
Targeted project internal rate of return
≤ 2 Yrs
Target Payback Period
Projected payback from initial investment
Long-Term Strategy
  • Establish CMX as a leading global critical materials platform
  • Secure long-term government and commercial feedstock partnerships
  • Expand recovery and refining capacity in line with market demand
  • Manufacture high-value permanent magnets for global OEMs
  • Build an integrated international trading, vaulting and digital commodity services platform
  • Provide third-party toll processing, global marketing and commodity trading services
  • Create a globally recognised platform connecting physical critical materials with advanced financial and digital solutions
Value Drivers — Long-Term Returns
  • High Profitability — US$1.45B target annual profit at steady state
  • Fast Payback — ≤ 2 years from commissioning
  • Strong Cash Flows — US$600M–800M target annual free cash flow
  • Resilient Model — Diversified revenue streams reduce commodity risk
  • Reinvest & Grow — Capacity expansion and margin enhancement
  • Significant Shareholder Value — Attractive long-term returns
Recover • Refine • Manufacture • Trade • Vault • Tokenise
Creating value at every stage of the critical materials supply chain.