ECT 0.00% 0.2¢ environmental clean technologies limited.

Ann: Technology Acquisition Update & Voluntary Suspension Exit, page-428

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 58 Posts.
    lightbulb Created with Sketch. 28

    An opportunity for ECT to offer an Australian WTE solution before they go outsourcing to Malaysia!

    Hiatus for Ballarat's waste-to-energy plans


    The waste-to-energy incinerator is proposed as part of the All-Waste Interchange planned in the Ballarat West Employment Zone. The cost of the plant - designed to reduce landfill and generate energy - was estimated at $300 million.


    The council said they would wait until the state government released its circular economy policy and action plan.

    The statement also referred to a "policy vacuum" on the state approach to waste management, reiterating remarks aired publicly on Wednesday.


    There is currently a wide-ranging state inquiry into recycling and waste management, with submissions from several councils, including Ballarat and the Municipal Authority of Victoria. The inquiry is due to deliver an interim report in August and a final report in December.


    The heads of agreement between the council and MRCB was announced in August last year. This was described as a "non-binding document" setting out terms. It was originally for 120 days, but was extended twice - once at the end of last year, and again in March. As part of the agreement, MRCB conducted a feasibility study, completed last December.


    One of the key questions for building a waste-to-energy plant is whether there would be sufficient waste to make it viable. It was touted as a potential long-term solution to waste management in the region, possibly including western metropolitan councils.


    While MRCB has not built a waste-to-energy plant in the past, the company was shortlisted for the development of a waste-to-energy facility in Kepong, a northern suburb of Kuala Lumpur. It submitted a proposal in partnership with the South Korean manufacturer Hyundai. Plans for the plant stalled following local protests about its perceived environmental impact.


    City of Ballarat Mayor Samantha McIntosh said that council had not ended its interest in waste to energy, but was "just putting the project on hold" until the state government outlined its policies."

 
watchlist Created with Sketch. Add ECT (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
0.000(0.00%)
Mkt cap ! $6.343M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
10 2730565 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 15229133 22
View Market Depth
Last trade - 07.20am 12/11/2024 (20 minute delay) ?
ECT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.