R&D Tax Incentive Refund Received

Environmental Clean Technologies Limited (ASX: ESI) (ECT or Company) is pleased to advise it has received its 2017 financial year R&D Tax Incentive Refund. Key points: ~2.047 million R&D Tax Incentive refund received Current ‘Brevet’ R&D loan satisfied in full Surplus of ~$600k to support India project The refund of ~AUD2.047 million is in line… Continue Reading

Indian iron ore price surges

Indian iron ore prices have surged, with NMDC increasing their price for premium lump ore and fines by 39% and 8%, respectively. Smaller merchant miners have, according to the below article in ‘The New Indian Express’, ‘jacked up’ prices by as much as 59% in some instances. Driving the price rise appears to be a combination… Continue Reading

Hydrogen fuel scale challenge

It will be some time before hydrogen fuel cell vehicles (HFCV’s) are widely available here in Australia and even longer before they make a dent in the market against electric (battery) vehicles, let alone the good old petrol and diesel vehicles that have been the backbone of transport since Benz patented his engine in 1879.… Continue Reading

India Project Funding Facility

Environmental Clean Technologies Limited (ASX: ESI) (ECT or Company) is pleased to announce the signing of a term sheet for a R&D Rebate loan facility through to January 2020 in support of the Company’s India project. Key points: New York-based Innovation Structured Finance Co. LLC (Brevet) selected to provide new loan facility under market competitive… Continue Reading

How to avoid blackouts AEMO style

Apparently, we have a solution to avoid blackouts, following the closure of 2,400MW of coal-fired power in recent years. The below article in The Australian ($) highlights the plan to shore up ‘strategic reserves’. Here’s the simple 3 step approach now in place courtesy of the Australian Energy Market Operator (AEMO) and its Reliability and Emergency Reserve… Continue Reading

Voluntary Suspension

5 January 2018 Kobe Li Senior Adviser, Listings ASX Compliance Pty Ltd Level 4, Rialto North Tower 525 Collins Street MELBOURNE VIC 3000 Dear Kobe, Re: Request for Voluntary Suspension Environmental Clean Technologies Limited (ASX: ESI) requests a voluntary suspension in the trading of its securities immediately following the expiry of its current trading halt… Continue Reading

Bill shock as standard of living slumps

It will come as no surprise that high electricity prices are a major contributor to the recent slump in our standard of living. The below article from The Australian confirms the damage: After allowing for inflation, taxes and interest costs, average household incomes dropped 1.6 per cent in the year to September, capping a sustained… Continue Reading

Trading Halt

3 January 2018 Kobe Li Senior Adviser, Listings ASX Compliance Pty Ltd Level 4, Rialto North Tower 525 Collins Street MELBOURNE VIC 3000 Dear Kobe, Re: Request for Trading Halt Environmental Clean Technologies Limited (ASX: ESI) requests an immediate trading halt in the Company’s securities pursuant to ASX Listing Rule 17.1. The Company is in… Continue Reading

Top 40 Shareholders as at 31 December 2017

Rank Holder Name Current Securities % *1 LJ & K THOMSON PL 230,000,000 4.97% 2 ELGAR PARK PL 115,778,000 2.50% *3 SUPERIOR COATINGS AUST PL 101,000,000 2.18% *    4 MILTS GREGORY 94,140,368 2.03% 5 MENZIES SUPER PL 79,151,320 1.71% *6 MADDINGLEY BROWN COAL PL 63,325,370 1.37% 7 CHALLENGE ROOFING PL 56,003,012 1.21% *8 MOSCA EMILIO… Continue Reading

Grassroots push for HELE technology

  Energy policy. It’s a tough topic to tackle if you’re pragmatic. In the below article from the Latrobe Valley Express, we see the grassroots Committee for Gippsland tackle the issue head on. Why is this such a tough topic? We all want to do right by the environment, but we also want to be… Continue Reading