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Zeotech Limited ( (AU:ZEO) ) just unveiled an announcement.
Zeotech Limited has received a cash refund of $960,762.21 from the Australian Federal Government’s R&D Tax Incentive Program for its research and development activities in the financial year ending June 2025. This refund supports the company’s efforts in developing high reactivity metakaolin for low-carbon cement and concrete, and its proprietary mineral processing technology for sustainable zeolite production and methane emissions control. The R&D loan secured earlier in the year has been repaid, indicating a positive impact on the company’s financial stability and its ongoing commitment to innovation in sustainable materials.
The most recent analyst rating on (AU:ZEO) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Zeotech Limited stock, see the AU:ZEO Stock Forecast page.
More about Zeotech Limited
Zeotech Limited is an emerging mineral processing technology company focused on leveraging its high-grade kaolin resources to produce high-reactivity metakaolin for the low-carbon concrete market. The company also develops advanced materials for greenhouse gas mitigation, such as zeolites for fugitive methane control.
Average Trading Volume: 2,665,142
Technical Sentiment Signal: Buy
Current Market Cap: A$174.7M
Learn more about ZEO stock on TipRanks’ Stock Analysis page.