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The Environmental Group Limited (ASX:EGL)

ALERT: Price-sensitive ASX Announcement for EGL
Current share price for EGL : $0.090 -0.115 (-56.10%)+
Announcement
Release
2 Apr 2026 9:30AM
Price at Release
$0.205
Full Release
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Summary
The Environmental Group Limited (EGL), under its Total Air Pollution Control (TAPC) unit, has secured a significant A$9 million contract with Ozango Minerais S.A. to design and supply an off-gas scrubbing system for the Longonjo Rare Earth Refinery Project in Angola. This project is crucial for providing materials used in electric vehicles and renewable energy technologies. TAPC's system will ensure environmental compliance, safety, and reliability, aligning with the project's ESG objectives. Work is scheduled to begin in April 2026 and is expected to last 12 months. This initiative marks a strategic entry for EGL into the growing critical minerals sector, reinforcing the growth outlook for its Clean Air division.
Key Points
  • TAPC awarded a contract by Ozango Minerais S.A. for the Longonjo Rare Earth Refinery Project.
  • Contract worth approximately A$9 million.
  • Design and supply of an off-gas scrubbing system for the processing facility.
  • Project supports electric vehicles, renewable energy, and advanced manufacturing.
  • TAPC's system ensures environmental compliance and aligns with ESG objectives.
  • The work on the project is expected to commence in April 2026 and last for 12 months.
  • EGL's Clean Air division focuses on emissions control and growing critical minerals sector.
  • This announcement was authorized by the Board of The Environmental Group Limited.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.