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NoviqTech Details Strategic Shift to Biochar Focus Amid Non-Coralia Asset Sale
11:16am on Thursday 18th of June, 2026 AEST
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Environmental Technology
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NoviqTech Details Strategic Shift to Biochar Focus Amid Non-Coralia Asset Sale
11:16am on Thursday 18th of June, 2026 AEST
Key Points
Non-Coralia asset sale followed unsolicited approach by Renaissance
Board prioritises Coralia biochar carbon removal business
CEO Freddy El Turk resigns as part of divestment transition
Transaction deemed not a change in core business under ASX rules
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