Carbonxt Signs LOI with Glanris
- Activated carbon manufacturer Carbonxt (AG1) signs a Letter of Intent (LOI) with Glanris to develop a pelletised version of Glanris’ Biocarbon
- Based in the United States, Glanris is a carbon-neutral company that delivers water filtration through a world-first sustainable filtration media that filters organics and metals
- Carbont and Glanris are working together to expand Glanris’ existing water filtration products and create a pelletised version
- Production is expected to begin in the second half of 2022 and a targeted minimum volume of 1500 tonnes per annum has been set
- Shares in the company are down 1.47 per cent on the market and are trading at 33.5 cents
