They have a 5 year contract to process Electric Arc Furnace dust for Smorgan then they sell the finished product as fertilizer. The trouble is the processing has turned out to be expensive and they only break even on the procesing part of the Smorgan contract. There are developments in the pipeline like battery recycling where they can re-use the sulphuric they get from the batteries as a raw material in their the EAF dust processing thus saving themselves a considerable amount. I hold big time but have been dissapointed lately, but i'm hanging in there, thay still have alot of potential.
They have a 5 year contract to process Electric Arc Furnace dust...
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Last
$4.70 |
Change
-0.070(1.47%) |
Mkt cap ! $1.939B | |||
| Open | High | Low | Value | Volume |
| $4.77 | $4.84 | $4.67 | $3.644M | 772.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18500 | $4.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.70 | 7111 | 3 |
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| Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
| HMC (ASX) Chart |