Australia's NH3 Clean Energy gains on pipeline MoU

NH3 Clean Energy

10/12/2024 02:42

** NH3 Clean Energy  NH3.AX  gains as much as 9.5% to
A$0.023, highest since Nov. 28
    ** Co signs MoU with Australian Gas Infrastructure
Operations Pty regarding the construction of pipelines for the
transportation of carbon dioxide from co's WAH2 Clean Ammonia
Project
    ** Says WAH2 project is its flagship project that supplies
low-emissions ammonia to decarbonising powerhouse economies of
Asia Pacific
    ** About 558,000 shares traded, 1.1x the 30-day avg
    ** Stock has risen 75% this year, as of last close

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))