Close the Loop (ASX:CLG) has received approval from the Manufacturing, Maquiladora, and Export Services Industry Program in Mexico (IMMEX) to begin processing at its Mexicali Plant, near the US-Mexico border, according to a Monday Australian bourse filing.
The company said it will begin processing inventory in April, ramping up production volumes in the fiscal fourth quarter ending June and with an expected material impact on revenue for the fiscal year 2026, the filing said.
The company's shares were up 5% in recent Monday trade.
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