Environmental Clean Technologies Limited (AU:ECT) has released an update.
Environmental Clean Technologies Limited has partnered with ESG Agriculture to develop a sustainable lignite-nitrogen fertiliser using their COLDry technology, aiming to improve soil health and reduce reliance on traditional fertilisers. A binding MoU and subsequent Heads of Agreement have been signed, setting the stage for a Joint Venture Agreement and EPA approval, with field trials to start soon. The innovative product is expected to enhance nutrient retention, improve soil carbon levels, and provide a cost-effective solution for Australia’s agricultural challenges.
For further insights into AU:ECT stock, check out TipRanks’ Stock Analysis page.
