Australia's Environmental Clean Technologies surges on cleanup tech buy

Environmental Clean Technologies

25/09/2025 06:00

** Shares of Environmental Clean Technologies ECT.AX rise as much as 153.5% to A$0.18, marking its best session ever

      ** Sustainable technology developer's stock hits highest level since April 24, 2023 on acquiring Terrajoule for soil remediation tech

      ** Separately, co to raise A$3 mln ($1.98 mln) via two-tranche placements at A$0.06/share

      ** Announces transition of Faldi Ismail to executive chairman from non-executive chairman

      ** About 12.8 mln shares traded so far, nearly 32x the 30-day average

      ** Stock last up 97.2%; YTD, gain nearly 400%

($1 = 1.5158 Australian dollars)

 (Reporting by Ananya Verma in Bengaluru)

 ((ananya.verma@thomsonreuters.com;))