FLC 16.2% 7.9¢ fluence corporation limited

Ann: Fluence Signs US$10m Deal for Brazilian Desalination Plant, page-26

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  1. 1,002 Posts.
    lightbulb Created with Sketch. 3339
    Thanks @ywtoh also saw this on Linkedin, but was down the list of priorities.
    ArcelorMittal Brazil have been a great partner. Since the inception of the project, they have really been plastering it all over South American social media.

    In some ways it is a shame they didn't go through with the initial Nirobox based solution as originally quoted, as that would have been a great way to show off Nirobox in South America. Remember that this is the largest desalination plant in Brazil, and Fluence have the largest desal plant in Argentina also. Not bad when as a penny stock on the ASX, Fluence were 15th in the Top 20 suppliers of desal over 2019 & 2020.
    https://hotcopper.com.au/data/attachments/3590/3590218-45606fa732b93dccb6c44f2029dca932.jpg

    I was also interested to see that the Peruvian project, which Fluence now wants to sell off due to COVID and steamlining, was also involving a major steel producer Compania Aceros Arequipa as the premier offtaker. It makes the 3rd major steel project Fluence have had a contract with when you also count in the Steelanol biogas project that Fluence Italy were doing with ArcelorMittal Belgium. They can certainly win tenders with the big companies when they want to.
    https://hotcopper.com.au/data/attachments/3590/3590219-3e179d1b77991559be0a06f364749e08.jpg
    https://hotcopper.com.au/data/attachments/3590/3590224-2dc6e389601ef1570022afc6360ca2f0.jpg

 
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