The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPowerhouse Ener Share News (PHE)

Share Price Information for Powerhouse Ener (PHE)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.025
Bid: 1.00
Ask: 1.05
Change: -0.03 (-2.86%)
Spread: 0.05 (5.00%)
Open: 1.05
High: 1.025
Low: 1.02
Prev. Close: 1.05
PHE Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Anglo-Eastern output down year-to-date, Bushveld's up

Mon, 06th Nov 2023 14:26

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

----------

Trident Royalties PLC - mining royalty company - Reports quarterly receipts for the three months to September 30 fell 17% to USD1.9 million from USD2.3 million a year prior from exposure to gold, copper, and iron ore. Chief Executive Officer Adam Davidson says: "This has been another solid quarter for Trident, with two new transactions, good progress within our existing portfolio, and solid revenue generation. In the uncertain geopolitical environment, our diversified exposure has demonstrated its value, with our gold offtake revenue benefiting from higher gold prices and volatility. Our gold exposure will benefit further during the first half of 2024, with first gold expected at Equinox's Greenstone project, alongside ramping of production at other assets."

----------

Anglo-Eastern Plantations PLC - Indonesia and Malaysia-focused palm oil and rubber producer - Says in nine months to September 30, output for fresh fruit bunches fell 2% to 841,960 metric tonnes from 859,900. Says crude palm oil price ex-Rotterdam averages to USD983 per metric tonne in the year-to-date, up 33% from USD1,471 in the corresponding period in 2022. Looking ahead, expects CPO prices to be weak for the remaining part of the year as the industry enters a period of "more robust" crop production. "The reported high palm oil inventory, together with the abundance of other competitive vegetable oils, coupled with a lower demand from the major importers are likely to suppress any upward movement in CPO prices for the last quarter of 2023," it says.

----------

Bushveld Minerals Ltd - South Africa-focused vanadium producer and energy storage solutions provider - Says production in the third quarter of the year falls 1.6% to 1,000 metric tonnes vanadium from 1,016 a year prior. Year-to-date production grows 4.8% to 2,784 metric tonnes from 2,657. Sales in the three months to September 30 plunge to 647 metric tonnes from 1,034 in the corresponding quarter a year ago. Looking ahead, says it is on track to meet its output guidance for 2023 of 3,700 to 3,900 metric tonnes.

----------

Powerhouse Energy Group PLC - Bingley, England-based non-recyclable waste-to-energy conversion firm - Faces patent claim filed by GetGo Recycling Ltd, which was filed last month. Says claim is "entirely without merit", and states it had not had any direct dealings or any communication from GetGo, noting that it first became aware the claim had been filed via a third party. It also says there is no detail or information in the filing of the claim. Chair Antony Gardner-Hillman says: "As regards the European Patent Office Communication, I am advised by our patent attorneys there is no significance in this and that it is a normal procedural step when entitlement proceedings have been commenced in respect of a patent. As regards the proceedings themselves, we do not foresee any impact on PHE's ongoing work or interference with the company's business. We will deal with this as an ordinary day-to-day challenge of a kind I have seen and dealt with successfully before in my career, acting in the appropriate way and with due regard. I do not know the claimant company and I believe its action is intended to "soften" PHE as the targeted party before a follow-on approach on something unrelated. We shall wait and see whether this is the case and we shall respond accordingly."

----------

Tertiary Minerals PLC - mineral exploration and development company focused on energy transition metals, with projects in the US and Zambia - Completes exploration work on all of its copper projects in Zambia in the past 12 months, and says its objective to complete soil sampling on all its Zambian projects has been met, defining a series of high-grade copper-in-soil anomalies. Priority drill targets are now defined at three copper projects: Jacks, Mukai and Mushima North.

----------

Critical Metals PLC - Africa-focused mining investor - Says shares restored to trading on the London Stock Exchange, effective immediately. Its shares had been suspended from trading last week.

----------

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
30 Nov 2021 11:15

Powerhouse partner HUI signs letter of intent with Simitli, Bulgaria

(Sharecast News) - Waste plastic-to-hydrogen technology company Powerhouse Energy said on Tuesday that its development partner Hydrogen Utopia International (HUI) has signed a letter of intent with the City of Simitli in Bulgaria.

Read more
12 Nov 2021 12:31

Powerhouse partner HUI signs framework deal with Linde

(Sharecast News) - Waster plastic-to-hydrogen technology company Powerhouse Energy announced on Friday that its development partner Hydrogen Utopia International (HUI) has signed a framework agreement with Linde Engineering.

Read more
12 Nov 2021 10:48

AIM WINNERS & LOSERS: Powerhouse in Linde deal; 600 Group orders rise

AIM WINNERS & LOSERS: Powerhouse in Linde deal; 600 Group orders rise

Read more
1 Nov 2021 11:47

Powerhouse Energy extends agreements in light of Protos progress

(Sharecast News) - Plastic waste-to-hydrogen technology company Powerhouse Energy updated the market on its UK progress on Monday, reporting that the special purpose vehicle to develop the Protos plant and project had advanced work towards construction contracting.

Read more
7 Oct 2021 15:05

Powerhouse inks collaboration deal with HUI

(Sharecast News) - Waste-to-hydrogen technology company Powerhouse Energy has entered into a binding collaboration agreement with HU2021 International (HUI), a wholly owned subsidiary of Hydrogen Utopia International, to market the deployment of 'DMG' technology outside the UK, it announced on Thursday.

Read more
6 Sep 2021 12:57

Powerhouse confirms possible DMG plant in Poland

(Sharecast News) - Waste-to-hydrogen technology company Powerhouse Energy updated the market on Monday, following press speculation over the weekend in relation to a potential agreement between 'DMG' licensee Hydrogen Utopia International (HUI) and Linde.

Read more
31 Aug 2021 12:05

Powerhouse enters binding agreement with Hydrogen Utopia

(Sharecast News) - Waste-to-hydrogen technology company Powerhouse Energy has entered into a binding agreement with Hydrogen Utopia International (HUI), under which HUI has been granted an exclusive non-transferable licence for the application of Powerhouse's 'DMG' technology in Poland, Greece and Hungary.

Read more
18 Aug 2021 11:31

Powerhouse partner Peel planning Dunbartonshire plant

(Sharecast News) - Waste-to-hydrogen technology company Powerhouse Energy announced on Wednesday that its partner Peel NRE has submitted a planning application to develop its second waste plastic-to-hydrogen facility, using Powerhouse technology, at the Rothesay Dock on the north bank of the River Clyde in West Dunbartonshire.

Read more
18 Aug 2021 11:07

AIM WINNERS & LOSERS: SDX comes up empty; Powerhouse plans new site

AIM WINNERS & LOSERS: SDX comes up empty; Powerhouse plans new site

Read more
12 Aug 2021 12:21

Powerhouse Energy buys 48pc of partner Engsolve

(Sharecast News) - Hydrogen-from-plastic technology company Powerhouse Energy Group announced the acquisition of 48% of engineering consultancy Engsolve on Thursday, for consideration of £99,990 in cash.

Read more
22 Jul 2021 16:04

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
2 Jul 2021 14:05

PowerHouse partner Peel inks deal to supply hydrogen fuel stations

(Sharecast News) - Waste-to-hydrogen technology company PowerHouse Energy announced on Friday that its partner, Peel NRE, has signed a letter of intent to supply hydrogen from its planned roll-out of plastic-to-hydrogen facilities to Element 2's proposed network of hydrogen refuelling stations.

Read more
29 Jun 2021 09:18

First stage of validation for Powerhouse hydrogen tech completed

(Sharecast News) - Waste-to-hydrogen technology company Powerhouse Energy announced on Tuesday that gas process design and certification consultancy DNV has completed the first stage of validation for its enhanced design, to produce two tonnes of hydrogen per day.

Read more
3 Jun 2021 11:15

Powerhouse Energy orders critical key alloy for Peel facility

(Sharecast News) - Waste-to-hydrogen technology company Powerhouse Energy has ordered the critical key alloy material to be used in the manufacture of the 'DMG' advanced thermal conversion technology process on Thursday.

Read more
1 Jun 2021 13:41

Powerhouse upbeat on plans for another waste-to-hydrogen facility

(Sharecast News) - Waste-to-hydrogen company Powerhouse Energy Group announced on Tuesday that Peel NRE, part of Peel L&P, is planning to develop its second waste plastic-to-hydrogen facility using Powerhouse technology, at the Rothesay Dock on the north bank of the River Clyde, West Dunbartonshire.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.