Environmental Clean Technologies: Completes Yallourn property acquisition

Environmental Clean Technologies Completes Yallourn property acquisition

  • Environmental Clean Technologies (ECT) reaches settlement on a property to host the deployment of its headline hydrogen refinery project in the La Trobe Valley, Victoria
  • The final payment of cash and shares was satisfied today, with the property lying adjacent to the Yallourn power station and mine complex
  • It covers an area of 4.2 hectares and will allow the company to progress its full feasibility study
  • ECT also announced its approval in European Union for a patent for its HydroMOR process
  • Shares are trading 11.9 per cent higher today at 2.4 cents each
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Ramp Acquires Billhop to Expand into EU and UK Markets

Ramp aims for broader payment solutions and market reach through acquisition.Highlights: Ramp has acquired Billhop, focusing on expanding...

Chaseitai Launches AI Agents for Call Center Loan Servicing

New AI technology aims to enhance customer service in fintech.Highlights: Chaseitai introduces AI agents for call center support.New...

UK MPs Call for Royal Commission to Strengthen Financial Conduct Regulation

Parliamentarians emphasize the need for improved oversight in the financial sector.Highlights: UK MPs demand a Royal Commission to...

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT.Highlights: Experian's app allows users to check credit...