Foresta Extends Key Technology Licence and Advances Kawerau Low-Carbon Project

Leaf Resources Limited ( (AU:FGH) ) just unveiled an announcement.

Foresta Group has overhauled several key operational and strategic settings this quarter, including switching its share registry management services from MUFG Corporate Markets to Boardroom Pty Ltd and entering into a conditional payment arrangement with the Putauaki Trust tied to its Agreement to Lease for the Kawerau project site, with the payment to be offset against future rent or repaid if a binding lease is not executed. The company also extended its exclusive technology licence with E3 Carbon for advanced torrefaction technology out to the end of 2027, while continuing to advance the Kawerau Stage 1 Plant through best-practice project governance, deferring earthworks to the third quarter of 2026 to avoid costly winter construction risks, progressing a low-carbon process heat feasibility study with EECA, and pursuing long-term forestry supply and collaboration agreements to secure a robust and sustainable operational foundation in New Zealand.

The most recent analyst rating on (AU:FGH) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Leaf Resources Limited stock, see the AU:FGH Stock Forecast page.

More about Leaf Resources Limited

Foresta Group (Leaf Resources Limited) operates in the renewable energy and low-carbon industrial sector, focusing on developing advanced biomass and torrefaction-based solutions for process heat and related applications in Australia and New Zealand. The company is progressing its Kawerau Stage 1 Plant in New Zealand and is building long-term supply chain arrangements within the local forestry sector to underpin sustainable feedstock supply for its planned operations.

Average Trading Volume: 1,231,406

Technical Sentiment Signal: Buy

Current Market Cap: A$99.76M

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