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Aquirian Limited ( (AU:AQN) ) just unveiled an update.
Papyrus Australia Limited, a company known for its innovative use of plantation waste conversion technology, has signed a contract with TBS Mining Solutions Pty Ltd, a subsidiary of Aquirian Limited, to supply biodegradable Collar Keeper® products. This agreement marks a significant step for Papyrus as it transitions from research and development to commercial operations, with an anticipated revenue of $4.2 million over an initial 3.5-year term. The contract positions Papyrus as the exclusive global manufacturer of these environmentally friendly products, supporting sustainable mining practices and potentially expanding its technology on a global scale.
The most recent analyst rating on (AU:AQN) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Aquirian Limited stock, see the AU:AQN Stock Forecast page.
More about Aquirian Limited
Average Trading Volume: 226,246
Technical Sentiment Signal: Buy
Current Market Cap: A$43.96M
For detailed information about AQN stock, go to TipRanks’ Stock Analysis page.