Latest Environmental Services News

NoviqTech (ASX: NVQ) advances its biochar carbon removal strategy with a key non-binding MoU covering 70% of credits from its Great Barrier Reef project, targeting 2026 commercial milestones.

Phoslock Environmental Technologies reported a stable sales volume and improved cash flow compared to last year, while ramping up production after reopening its Chinese factory. The company is advancing R&D on a new lanthanum product and faces ongoing legal challenges with mediation set for June.

NoviqTech's subsidiary Coralia has inked a strategic MOU with A Healthier Earth, the climate-tech arm of Pure Data Centres Group, aiming to secure a long-term offtake of at least 70% of biochar carbon removal credits from its Great Barrier Reef project. The deal explores joint venture possibilities for a biochar production facility amid soaring demand driven by data centres and AI expansion.

Cleanaway Waste Management has refreshed its long-term strategy, Blueprint 2030 2.0, focusing on leveraging scale, digitisation, and targeted growth to boost margins and cash flow. The plan builds on solid FY25 financial gains and aims for sustained EPS growth and operational efficiency.

Cleanaway has trimmed its FY26 EBIT forecast to $460-$480 million, citing a $20 million hit from rising fuel and logistics costs linked to the Middle East war. The company leans on contractual fuel cost pass-throughs and strategic supply deals to cushion the blow.

Environmental Clean Technologies Limited (ASX: ECT) has broadened its licence with Rice University to apply Flash Joule Heating technology to PFAS-contaminated adsorbents like granular activated carbon, complementing its existing soil remediation platform.

The Environmental Group’s TAPC division has secured a significant A$9 million contract to supply emissions control technology for a key rare earth project in Angola, marking a strategic move into the critical minerals sector.

Aeeris Ltd has reported a return to profitability for the half-year ended December 2025, driven by a strategic restructure and the launch of its AWARE platform. The company also secured new customers and strengthened its technology-led revenue streams.

The Environmental Group Limited reported a robust first half of FY26 with revenue rising 8.6% to $58.9 million and underlying EBITDA jumping 25.9%, driven by strong performances in its Energy and Waste divisions alongside strategic operational upgrades.

NoviqTech Limited launches Coralia, a large-scale biochar carbon removal initiative aimed at helping data centres achieve net zero emissions while restoring the Great Barrier Reef catchment. The project taps into the booming carbon removal market driven by tech giants and environmental urgency.

Environmental Clean Technologies Limited (ECT) has made significant progress in developing its Rapid Electrothermal Mineralisation (REM) technology, aiming to provide a scalable, in-situ solution for permanently destroying PFAS contamination in soil.

Aeeris Ltd has reported a profitable second quarter for FY26, with total unadjusted revenue rising 61% year-on-year to $1.54 million and annual recurring revenue climbing 16.5% to nearly $4 million. The company’s operational advances and disciplined cost control underpin a promising path to sustainable profitability.