Is that the same stuff you use for tile backing? And what is the best way to cut it please?
Pretty much, yes. These days it is used for weatherproof cladding, sound insulation, heat insulation and of course fire boarding. The difference is possibly the thicknesses we use - mainly 12mm, 15mm and 18mm. (mainly Versapanel and some Versarock). Use an acoustic caulk on the joints, something like AC50
For bulk cutting, I use a Bosch GKT55CE plunge saw (circular saw on a guide rail) fitted with a 4-tooth PCD cement board blade. You can pick the blades up on eBay for around £20 to £25. You don't need a fancy saw, but you do need a guide. This stuff kicks back easily, so don't position yourself behind the saw. You also need a good P3 mask and a vacuum cleaner hooked up to your saw as this stuff is really dusty, ideally a class L or class M vac. Haven't tried a pre-filter cyclone, but a colleague who had one fitted to his saw said it worked really well as cement dust is quite heavy.
For other processing, it drills well with HSS-G drills, although they don't last too long - I prefer to use a TCT drill/countersink to pre-pilot holes when needed as they last far longer than the HSS ones. Bi-metallic holesaws work well, but carbide grit last a lot longer (again). HSS jigsaw blades work on it, but have a very short life - it really require TCT jigsaw blades (the cheap ones from Amazon - less than half the price of Bosch, 60%+ the life span). The jigsaw needs to be corded and it will run hot, The other thing we used for rough cut-outs was a carbide grit cutting wheel (Bosch - from Toolstation) in a 115mm cordless angle grinder - very dusty, but quick. Note that Versapanel can certainly be
nailed to a timber framework using a gas nailer and 50mm ring shanks - the only proviso is that the nails need to be at least 25mm in from the edge to prevent cracking. Lastly, I had reasonable success screwing it using a collated screw gun and flooring screws (no piloting) - but it does require a corded screw gun as cordless guns have insufficient power
That's the sum total of a fair few months handling the stuff other than to warn you that it is really heavy.