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The latest announcement is out from Environmental Clean Technologies Limited ( (AU:ECT) ).
Environmental Clean Technologies has completed the acquisition of Terrajoule Pty Ltd, securing an exclusive licence from Rice University over flash joule heating technology for remediating PFAS- and heavy metal-contaminated soils, and has strengthened its leadership with a new CTO and advisory board appointments to support a portfolio of disruptive technologies. The company also finalised the second tranche of a placement, lifting the total capital raised under the issue to $3.25 million, advanced trials of its COLDry-derived fertiliser product with early signs of improved crop performance and reduced emissions, and initiated discussions to sell its largely unused Yallourn property as it pivots away from its original hydrogen refinery plans toward fertiliser-focused growth.
More about Environmental Clean Technologies Limited
Environmental Clean Technologies Limited is an Australian cleantech company focused on developing and commercialising innovative, scalable technologies in high-growth markets, including its patented COLDry process and related applications in low-emissions fertiliser production. Through joint ventures such as Zero Quest with ESG Agriculture, the company is targeting agricultural inputs that aim to match or exceed the performance of traditional chemical fertilisers while lowering both costs and emissions.
Average Trading Volume: 912,986
Technical Sentiment Signal: Sell
Current Market Cap: A$38.64M
Find detailed analytics on ECT stock on TipRanks’ Stock Analysis page.