2019 AGM Results of Meeting

2019 AGM Results of Meeting

Environmental Clean Technologies Limited (ECTorCompany) (ASX:ECT) provides the results of its 2019 Annual General Meeting held today.  Manner in which the security holder directed the proxy vote (as at proxy close): Resolution For Against % For 1 Remuneration Report* 502,156,923 84,459,479 85.6% 2 Re-elect Mr Glenn Fozard 581,847,589 88,738,322 86.8% 3 Election of Mr Jim… Continue Reading >

2019 AGM Chairman’s Address and Company Presentation

2019 AGM Chairman’s Address and Company Presentation

Welcome Fellow Shareholders, 2019 has been a very a challenging year for ECT, requiring board & management to make deep and dynamic changes to our commercialisation, revenue and resource strategies. We started the year cautiously optimistic of delivering our Indian project and by June 2019, it was evident that one of our partners, NMDC, had… Continue Reading >

Victorian power bill’s set to rise again

Victorian power bill’s set to rise again

As of 1 January 2020, Victorian electricity customers will be hit with price hikes. Again. Today’s article ($) in the AFR reports that both Origin and AGL will raise their prices in line with last month’s ruling from Victoria’s Essential Services Commission, with Origin saying an average residential customer would see a $122 increase in… Continue Reading >

Non-renounceable Entitlement Offer

Non-renounceable Entitlement Offer

Environmental Clean Technologies Limited (ASX: ECT) (ECT or Company) is pleased to advise that it has lodged the attached Prospectus with ASIC today. The Company recommends that all shareholders review the Prospectus and the details of Offer therein. Eligible shareholders will receive a personalised Offer Application and Entitlement Form via mail or email. Further details… Continue Reading >

Notice of AGM – withdrawal of resolutions

Notice of AGM – withdrawal of resolutions

Environmental Clean Technologies Limited (ASX: ECT) (ECT or Company) refers to the Notice of Annual General Meeting dated 6 November 2019 (Notice) and specifically, resolutions 5, 6 and 7 of the Notice. These resolutions are withdrawn due to the changes in executive roles as outlined in the Company’s ASX announcement on 4 December 2019. Chairman,… Continue Reading >

Wind and solar failing to keep costs down and lights on

Wind and solar failing to keep costs down and lights on

With the increased penetration of wind and solar power and the unexpected closure of Hazelwood brown coal power station in March 2017 wholesale electricity prices have skyrocketed and the risk of blackouts have increased. The following chart confirms the impact that unreliable energy sources are having on energy affordability. Today’s article ($) in the Australian… Continue Reading >

Shareholder Update

Shareholder Update

Board & Executive Structure, R&D Refund Confirmed Environmental Clean Technologies Limited (ASX: ECT) (ECT or Company) is pleased to provide the following update on changes to the composition of its board and executive, effective from 3 January 2020, and the receipt of its FY 2019 R&D tax incentive refund. Key points: Chief Operating Officer (COO)… Continue Reading >

LNP release waste policy

LNP release waste policy

This week, Victorian opposition leader Michael O’Brian launched his party’s ‘zero-to-landfill’ waste policy. The policy sets an ambitious target, to eliminate all waste to landfill by 2035, with interim reductions of 33% by 2025 and 66% by 2030. The policy targets two key focus areas: Materials Recovery Facilities Energy from waste applications Until now the… Continue Reading >

‘Green’ steel articles omit cost

‘Green’ steel articles omit cost

‘Green’ steel applications are being developed by a range of companies ‘Green’ steel is the term used to describe a production method that uses ‘renewable hydrogen’ instead of coking coal, eliminating CO2 emissions ‘Renewable hydrogen’ is made using electricity generated by wind turbines and solar panels Media reports routinely leave out discussion of cost, which… Continue Reading >

Trading Halt Exit and Capital Raising Update

Trading Halt Exit and Capital Raising Update

Environmental Clean Technologies Limited (ASX: ECT) (ECT or Company) provides the following update regarding its current capital raising program. Highlights: Applications under the current Entitlement Offer closed 5pm (AEDT) Tuesday 19 November 2019 Total support for the offer circa $1.7m including ~$1.4m in cash applications and further $300k in commitments to shortfall Increased level of… Continue Reading >