LanzaTech to receive US Department of Energy funding, shares rise
25/03/2024 12:43
** Shares of carbon recycling company LanzaTech Global
LNZA.O gain 4.7% to $3.15 premarket
** U.S. Department of Energy selects LNZA and Technip
Energies to receive up to $200 million investment
** Co to receive funding for its project that aims to
develop technology which produces sustainable ethylene from
captured carbon dioxide
** Up to last close, stock down 40% YTD
(Reporting by Vallari Srivastava in Bengaluru)
((Srivastava.Vallari@thomsonreuters.com;))