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7698 — Iceco News Story

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Australia's Delorean slips as Brickworks pulls out of project

** Shares of Australia's Delorean Corporation DEL.AX fall as much a 7.7% to A$0.12, the lowest since early September

** Renewable energy co says brick maker Brickworks elected to no longer go ahead with Final Investment Decision (FID) on proposed Horsley Park Bioenergy plant with Delorean

** The plant had been funded by Brickworks to date, as well as jointly developed under integrated MOU and Master Services Agreement - co

** DEL down 10.7% so far this week, set for biggest weekly slump since September-end if current trend holds; down 26.5% YTD, including session's moves

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))

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