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Leaf Resources Advances Renewable Energy Initiatives in New Zealand

Story Highlights
  • Leaf Resources received an extension for its New Zealand project, aligning with strategic goals.
  • The company collaborates with EECA to explore geothermal steam use, enhancing sustainability.
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Leaf Resources Advances Renewable Energy Initiatives in New Zealand

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

Leaf Resources Limited has received an extension from the New Zealand Overseas Investment Office for its flagship project, allowing more time to align decisions with strategic objectives and shareholder interests. The company has also signed a collaboration agreement with the Energy Efficiency and Conservation Authority to explore using geothermal steam at its Kawerau facility, reinforcing its commitment to energy efficiency and environmental sustainability. These developments are part of Leaf Resources’ broader strategy to become a leader in renewable energy solutions, with ongoing efforts in project development, forest supply partnerships, and financial management.

More about Leaf Resources Limited

Leaf Resources Limited operates in the renewable energy sector, focusing on the development of sustainable energy solutions. The company is involved in producing renewable pine chemicals and biomass torrefied pellets, with a market focus on innovative, low-carbon manufacturing.

Average Trading Volume: 1,688,453

Technical Sentiment Signal: Sell

Current Market Cap: A$29.18M

See more data about FGH stock on TipRanks’ Stock Analysis page.

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