BUZZ-Australia's NH3 Clean Energy gains on pipeline MoU

Reuters
2024-12-10
BUZZ-Australia's NH3 Clean Energy gains on pipeline MoU

** NH3 Clean Energy NH3.AX gains as much as 9.5% to A$0.023, highest since Nov. 28

** Co signs MoU with Australian Gas Infrastructure Operations Pty regarding the construction of pipelines for the transportation of carbon dioxide from co's WAH2 Clean Ammonia Project

** Says WAH2 project is its flagship project that supplies low-emissions ammonia to decarbonising powerhouse economies of Asia Pacific

** About 558,000 shares traded, 1.1x the 30-day avg

** Stock has risen 75% this year, as of last close

(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com))

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