EnviroSuite Ltd (AU:EVS) has released an update.
Hitachi Construction Machinery is set to become the largest single shareholder in Envirosuite by investing $10 million AUD, acquiring roughly 12% of the company at a significant premium. This partnership aims to enhance environmental and operational standards in the global mining industry, capitalizing on Envirosuite’s environmental intelligence technology and Hitachi’s extensive market reach. The collaboration will focus on ESG and Net Zero initiatives, promising to unlock new market opportunities and product developments for Envirosuite.
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