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Elixir Energy Limited ( (AU:EXR) ) has provided an announcement.
Elixir Energy Limited has highlighted the urgent need to unlock a new multi-trillion cubic feet (TCF) gas resource on the East Coast to avert a potential energy crisis or the collapse of Queensland’s export industry. The company emphasizes the importance of addressing the growing gap between supply and demand in the southern states, as well as the rising gas prices in major cities like Adelaide, Brisbane, and Sydney. This initiative is crucial for maintaining thousands of jobs and ensuring energy security in the region.
More about Elixir Energy Limited
Average Trading Volume: 3,299,182
Technical Sentiment Signal: Sell
Current Market Cap: A$57.79M
For an in-depth examination of EXR stock, go to TipRanks’ Overview page.