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An announcement from 1414 Degrees Ltd. ( (AU:14D) ) is now available.
1414 Degrees Ltd. experienced a significant rise in its stock price and trading volume, prompting an inquiry from the Australian Stock Exchange. The company attributes this activity to the recent Climate Change Authority recommendation for Australia to set ambitious greenhouse gas reduction targets by 2035. The SiBrick, a key product of 1414 Degrees, is positioned to attract industry interest as it supports emissions reduction efforts. The company is actively pursuing partnerships and opportunities for commercializing emerging technologies and securing Heat as a Service contracts.
More about 1414 Degrees Ltd.
1414 Degrees Ltd. operates in the energy sector, focusing on innovative solutions for emissions reduction and energy storage. Its primary product, the SiBrick, serves as an emissions reduction platform enabler for hydrogen, energy storage, and industrial heat, aligning with industry efforts to meet greenhouse gas reduction targets.
Average Trading Volume: 338,281
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$5.54M
See more insights into 14D stock on TipRanks’ Stock Analysis page.