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Greentech Technology International Limited ( (HK:0195) ) has issued an update.
Greentech Technology International Limited has announced that the Bluestone Mines Tasmania Joint Venture, in which it holds a 50% interest, has awarded the front-end engineering and design contract for the Renison Tailings Retreatment Project (Rentails) concentrator to GR Engineering Services. The work covers design of a new 2.4-million-tonnes-per-annum tailings reprocessing facility and a lump-sum construction offer, with completion of the FEED package targeted for the third quarter of 2026 and a final investment decision expected later that year, marking a key step in advancing the Rentails project and potentially enhancing long-term value from Renison’s tailings resource. Separately, the company’s shares remain suspended from trading on the Hong Kong Stock Exchange due to delays in publishing its unaudited interim results for the six months ended 30 June 2024, and will stay suspended until it meets resumption guidance, underscoring ongoing compliance and transparency challenges for investors.
More about Greentech Technology International Limited
Greentech Technology International Limited is a Cayman Islands-incorporated company listed in Hong Kong, operating through subsidiaries including YT Parksong Australia Holding Pty Limited. The Group holds a 50% equity interest in the Renison tin operation in Tasmania via the Bluestone Mines Tasmania Joint Venture, positioning it in the resources sector with exposure to tin mining and tailings retreatment projects.
Technical Sentiment Signal: Sell
Current Market Cap: HK$382.5M
See more data about 0195 stock on TipRanks’ Stock Analysis page.