NEXT-ChemX Corp

OTC:CHMX

NEXT-ChemX Corp. engages in providing consulting services in China principally focused on the development of new-high-tech products marketing and retail sales. The company is headquartered in Los Angeles, California. The company went IPO on 2016-07-13. The membrane-based ion extraction technology mimics biophysical processes in nature to separate low concentrations of ions from any liquid and extract them into a highly concentrated form. The company is also developing pilot plant systems to demonstrate its performance to potential clients to market commercial systems for its applications. The firm has applications in the markets including lithium extraction from natural brines, geothermal wells, or leach solutions; extracting fatty acids from vegetable oils for more economical refining; extracting radioactive ions from nuclear plant stored water; extracting metal ions from mine leach solutions, effluent, or tailings; and desalination of seawater, by extracting ions for water purification. Its technology can remove radioactive strontium, cesium, cobalt and other radioactive ions that exist in very low concentrations.