Australia's RLF AgTech rises on JV formation to advance carbon strategies

RLF AgTech

13/08/2024 06:31

** Shares of RLF AgTech  RLF.AX  rise as much as 10% to
A$0.055, their highest level since June 5
    ** Plant nutrition co to form JV with Winterleaf Holdings
Pty targeting development of carbon projects utilising RLF's
Carbon Accumulating Carbon in Soil System (ACCS) methodology
    ** Says collaboration will focus on delivering environmental
offsets and Australian Carbon Credit Unit-based agricultural
projects
    ** Stock had fallen 54.6% this year, as of last close

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