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Environmental Group (ASX:EGL) secures $5.2M contract

Environment
ASX:EGL      MCAP $104.5M
23 July 2021 14:00 (AEST)
Environmental Group (ASX:EGL) -

Source: The Environmental Group

The Environmental Group’s (EGL) Total Air Pollution Control (TAPC) has secured a $5.2 million contract from FLSmidth.

Under the contract, EGL will design and supply acid roast kiln off-gas treatment systems for a lithium refinery.

TAPC has created an emissions control system using gas scrubbers to minimise the environmental impact of the plant by treating the off-gases generated by the acid roast kiln.

The off-gas scrubbing system is an important part of the refinery process as it allows the plant to meet the strict air emission limits.

EGL CEO Jason Dixon is pleased with the new contract.

“After working for months to design a unique technical solution, our engineering team should be very proud; they have been able to achieve a world-class solution for the project,” Mr Dixon said.

“TAPC has again been able to prove it is a leader in designing gas treatment systems that protect our environment.”

TAPC is expecting the systems to be completed within the next 12 months.

EGL was up 18.8 per cent, trading at 9.5 cents per share at 2:36 pm AEST.

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