Australia's Phoslock Environmental Tech hits 1-month high on output rise, firm outlook
19/01/2026 24:51
** Phoslock Environmental Technologies PET.AX soars 35.7% to A$0.019; set for highest since December 9, 2025 ** Water treatment products maker reports 371 tons in December-quarter sales volumes vs 251 tons in last quarter ** Sees sale volumes to increase significantly in 2026, driven by strong demand in Europe, with several large lake applications expected in Q4 ** PET gains 35.7% YTD; had fallen 44% in 2025 (Reporting by Shruti Agarwal in Bengaluru) ((Shruti.Agarwal@thomsonreuters.com))
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